Understanding factors that influence breeders to sell bulls at performance tests.

摘要

Breeders of purebred bulls have multiple avenues to market their bulls, including consignment at public auctions associated with performance tests. Purebred breeders often have the opportunity to withdraw bulls that are eligible to sell in these auctions. We examine sales data for the period 1990-2006 from a public auction held in conjunction with a performance bull test in Tucumcari, New Mexico, to gain insights on breeder decisions to withdraw bulls prior to entering the sales ring. Specifically, we use a binary logit model to identify relevant characteristics that affect a breeder's decision to withdraw a sale eligible bull from the auction. Generally consistent with expectations, we found that attributes associated with the bull, the bull's breeder, and economic conditions played important roles in a breeder's decision to withdraw an eligible bull from the sale.