KFB Beef Expo generates sales of $1.2 million
Gross and average second-highest in the event's history
For Immediate Release
Wednesday, February 24, 2016
For more information contact:
LOUISVILLE, Ky. – The Kentucky Farm Bureau Beef Expo Feb. 19-21 exceeded $1 million in sales for the fifth consecutive year, with the second-highest total on record.
“In a challenging economic time for beef cattle producers, this was an excellent Beef Expo,” Commissioner of Agriculture Ryan Quarles said. “The success of this year’s event is a testament to the quality of Kentucky cattle and the national reputation of the Beef Expo. Congratulations to the buyers, sellers, exhibitors, juniors, and everyone who had a hand in putting on this year’s Expo.”
Sales for the 30th edition of the annual winter event totaled more than $1.206 million, second only to last year’s $1.39 million. The 442 lots averaged $2,730 per head, also the second-best in Beef Expo history behind only the 2015 average of $3,128. Cattle from 15 states were shown at the Beef Expo.
The 19 Gelbvieh lots brought an average of $4,432 to lead all breeds. The Angus were next at $4,302 for 41 lots. The sale topper was the grand champion Gelbvieh bull that fetched a high bid of $21,000.
In the junior show, 461 animals were led into the show ring, including 205 from Kentucky.
The Kentucky Department of Agriculture, Kentucky Farm Bureau, and Farm Credit Mid-America were the major sponsors of the Beef Expo.