North Star Classic cattle show bringing in ranchers from across the regionValley City, ND (WDAY TV) - Ranchers are braving the cold for the biggest beef cattle show in North Dakota. The 12th Annual North Star Classic is underway in Valley City and ranchers are expecting to rake in some big bucks.
Ranchers are braving the cold for the biggest beef cattle show in North Dakota. The 12th Annual North Star Classic is underway in Valley City and ranchers are expecting to rake in some big bucks.
They're the best cattle in the state.
Carl Olson – HR Red Angus: "We've got four animals here at the show."
If you're looking to buy, get ready to write a big check.
Carl Olson: "We've got a heifer, she could bring anywhere from $5,000-#10,000."
Over the course of four days, about 400 cattle will be featured. The average ones bringing in $300-$400 dollars more than normal.
Carl Olson: "Number of females in the country having calves is low so that means if we've got a steady demand and supply is low prices will go up so right now we're experiencing that.
Exports to countries like Australia are also up.
Carl Olson: “And they like the cattle from up north in this area because we have a lot less disease.”
Good business for ranchers means good business for suppliers.
Kyle Severance – Dakota Plains Co-Op: "Usually guys are always investing in some kind of feed. As far as the equipment though it's a lot nicer when prices are higher b/c guys are looking to upgrade their new equipment, buy new handling facility."
Proving the effects of a strong cattle industry go beyond the ranch. The North Star Classic began today with a show that continues tomorrow. Cattle will be sold Saturday. The event culminates Sunday with a junior show. The cattlemen we spoke with say ranchers haven't been directly affected by the struggling European market.