Comments on: Now That’s Some Expensive Beef! http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Thu, 24 May 2012 12:43:16 +0000 hourly 1 http://wordpress.org/?v= By: kurt http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/comment-page-1/#comment-35687 kurt Tue, 24 Oct 2006 20:39:23 +0000 http://allthingsfinancialblog.com/2006/10/20/now-thats-some-expensive-beef/#comment-35687 That answers my question! That answers my question!

]]> By: JLP http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/comment-page-1/#comment-34359 JLP Fri, 20 Oct 2006 20:34:32 +0000 http://allthingsfinancialblog.com/2006/10/20/now-thats-some-expensive-beef/#comment-34359 Kurt, The auction is a "terminal auction." Need I say more? The buyer has the option of taking possession of the meat or they can donate it to one of the local charities. Most donate the meat to a charity. So no, you don't have to have a place (other than a big freezer) to keep the steer. Kurt,

The auction is a “terminal auction.” Need I say more?

The buyer has the option of taking possession of the meat or they can donate it to one of the local charities. Most donate the meat to a charity.

So no, you don’t have to have a place (other than a big freezer) to keep the steer.

]]> By: Steve Heath http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/comment-page-1/#comment-34358 Steve Heath Fri, 20 Oct 2006 20:21:13 +0000 http://allthingsfinancialblog.com/2006/10/20/now-thats-some-expensive-beef/#comment-34358 Lol, that would be hilarious though... think you're just doing it for fun to help charity and then wake up the next day with a prize steer grazing on your daffodils? :) Lol, that would be hilarious though… think you’re just doing it for fun to help charity and then wake up the next day with a prize steer grazing on your daffodils? :)

]]> By: kurt http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/comment-page-1/#comment-34307 kurt Fri, 20 Oct 2006 14:29:41 +0000 http://allthingsfinancialblog.com/2006/10/20/now-thats-some-expensive-beef/#comment-34307 So since it's charity, do they actually have to accept the cattle? I'd imagine that many people with real money out there don't have a use for a steer. So since it’s charity, do they actually have to accept the cattle? I’d imagine that many people with real money out there don’t have a use for a steer.

]]> By: JLP http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/comment-page-1/#comment-34304 JLP Fri, 20 Oct 2006 13:53:29 +0000 http://allthingsfinancialblog.com/2006/10/20/now-thats-some-expensive-beef/#comment-34304 It's charity and advertising. All of the people bidding either are small business owners or representatives for large firms. When they win the bid, their name gets in the paper for "free" and there's a lot of hoopla. It’s charity and advertising. All of the people bidding either are small business owners or representatives for large firms. When they win the bid, their name gets in the paper for “free” and there’s a lot of hoopla.

]]> By: Steve Heath http://allfinancialmatters.com/2006/10/20/now-thats-some-expensive-beef/comment-page-1/#comment-34296 Steve Heath Fri, 20 Oct 2006 13:09:50 +0000 http://allthingsfinancialblog.com/2006/10/20/now-thats-some-expensive-beef/#comment-34296 I know nothing about steers, but I'm curious... since beef sells for a lot less than $22/pound, and a lot of that weight would be garbage like the hooves, why would someone pay so much? Do pricey steaks make up the average, or is it for breeding? I know nothing about steers, but I’m curious… since beef sells for a lot less than $22/pound, and a lot of that weight would be garbage like the hooves, why would someone pay so much? Do pricey steaks make up the average, or is it for breeding?

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