Yet, you assign a value at 10% of what the actual owner of the cow reported? What did you base that estimate upon?
I think the farmer has a pretty good grasp of what his herd is worth.
Not picking on you, just curious what you based your uninformed opinion on?
My “uninformed opinion” is based on the average price of a black Angus heifer in Georgia. $1200-$2500. No doubt a prize winning purebred would be worth more however the article we are discussing doesn’t give us that information.