Understanding Factors That Influence Breeders to Sell Bulls at Performance Tests
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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 from a public auction held in conjunction with a performance bull test in
Tucumcari, NM, 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.