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Premium Auction Closes Out Fair

July 22, 2014
by Dan Voigt , Emmetsburg News

With fewer livestock entries at this year's Palo Alto County Fair, the All-Premium Auction Sunday afternoon raised a total of $21,585 in premiums for the for the 52 exhibitors taking part in the Premium auction event. That figures out to an average premium of $415.10 for each youth. The overall auction total was $11,240 less than the 2013 auction total. Higher commodity prices at the start of projects earlier this year played a large role in the decline in livestock numbers at this year's fair.

To get the bids, it took some hard work in the show arena for the auctioneering corps of Dan Vonnahme, Tom Eberle and Pat Vonnahme worked the crowd for the premium bids, while auction clerks e Melissa Butz of Wells Fargo Bank of Emmetsburg and Larry Conlon of the Iowa State Bank in Ruthven clerked the bids with assistance from Clyde Johnson and Julie Naig.

Prior to the start of the All Premium Auction, some special recognition was given to donors presenting an additional premium payment to each exhibitor. Continuing a trend they started in 2010, Eric and Mary Woodford, owners of Woodford Equipment of Emmetsburg donated an additional $5 to be added to the premium of each auction participant. Bakewell Investments of St. Louis, MO, donated an additional $20 to each auction participant's premium and Chad Anderson Pioneer Seeds of Emmetsburg donated $50 to each exhibitor's premium.

Article Photos

UNDER?THE?GAVEL - Calla Knobloch of the Fern Valley 4-H’ers leads her market goat through the All Premium Auction Sunday afternoon to conclude the 2014 Palo Alto County Fair. The fair enjoyed fantastic weather and good attendance at the various events held during the four-day run of the fair. -- Dan Voigt photo

A total of 30 buyers and two cooperative buying groups participated in the all-premium auction. Under the system, the livestock entries, with the exception of dairy animals, are transported to terminal markets where they are sold at current market price, which is paid to the exhibitors. The bid at the all-premium auction is their "reward" for the work and efforts put into their respective project.

Market Beef Sale

Leading off the auction on Sunday afternoon, the sale of the market beef featured 23 exhibitors, earning a total of $10,660, which was $7,440, less than the 2013 auction total. With an average of $463.78, the exhibitors received a premium $84.70 below the 2013 premium average.

Brooke Hoffman's Supreme Grand Champion steer premium was sold to West Fork Ag for a premium of $650, while the Supreme Champion Breeding Female shown by Laney Montage fetched a premium of $425 from Jay and Julie Bargman Pioneer Seeds of West Bend. The premiums paid to beef exhibitors ranged from $400 to $650.

Dairy Sale

The Dairy sale's four exhibitors earned a total premium of $1,625, some $1,400 less than what was paid out in the 2013 auction. That amount translates into an average premium of $406.25, $25,89 less than in 2013.

Joe Chapman's Champion Dairy Heifer drew a premium of $300 from Chapman Contracting of Ruthven, while Ryan Kenyon's Reserve Champion Heifer fetched a premium of $375 from the Cylinder Boosters.

The dairy premiums paid ranged from $300 to $425.

Market Swine Sale

For the Market Swine auction, a total of $3,225 was paid out, to the nine swine exhibitors going under the gavel, $1,125 less than in 2013. The average premium worked out to $$358.33, $76.67 below last year's premium.

The Supreme Champion Market Pig of Lydia Reding drew a premium of $375 from Spencer Ag Center. The Supreme Reserve Champion Market Pig, shown by Laney Montag, commanded a premium of $400 from Spencer Ag Center of Spencer.

Premiums paid in the swine auction ranged from the $275 to $400.

Market Lamb Sale

For the Market Lambs, the seven exhibitors earning $2,475 in the auction, $3,525 below the 2013 auction total. On the average, the exhibitors received an average premium of $353.57, which was $46.43 less than the average from 2013.

Kollasch Joyce's Supreme Grand Champion market lamb would receive a premium of $400 from the PRO Cooperative, while Delaney Joyce's Supreme Reserve Champion Market Lamb received a premium of $425 from the Wild Rose Casino and Resorts.

Premiums for the market lambs ranged from $275 to a top premium of $425 the exhibitors.

Market Goat Sale

Rounding out the Premium Auction were the Market Goats, where the nine exhibitors received $3,600, down $400 from 2013 auction. The average premium for each exhibitor totaled $400, which was the same as paid in 2013.

Jillian Joyce's Grand Champion Goat received a premium of $450, which was paid by the Kerber Companies, while Austin Bergstrom's Champion Breeding Doe fetched a $350 premium from Jim Coakley of Emmetsburg. Premiums for the market goats ranged from $275 to $500.



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