SOURCE: Iowa State Fair

August 18, 2007 20:16 ET

Seven New Records Set in Sale of Champions at Iowa State Fair; All-Time High of $247,500 Reached in Auction of 14 Champions

DES MOINES, IA--(Marketwire - August 18, 2007) - When final auctioneer cry of "All in, All said, All done? SOLD!" echoed through the Penningroth Media Center in the Cattle Barn at Iowa State Fair and auction receipts were tallied, the Iowa Foundation for Agricultural Advancement (IFAA) raised a record-setting $247,500 for the 14 exhibitors of 4-H and FFA Grand Champions in the Sale of Champions Saturday, August 18, at the 2007 Fair.

On the way to reaching the all-time total sale proceeds record, seven champion records, as well as the all-time high sale price for any species, were broken. The Grand Champion 4-H Market Steer and the Grand Champion FFA Market Hog each sold for $40,000. This broke the old record all-time species record by $2,000. Other new price records included: the Reserve Champion 4-H Market Steer, $29,000; the Reserve Champion 4-H Market Heifer, $15,500; the Reserve Champion FFA Market Hog, $15,000; the Grand Champion 4-H Market Lamb, $13,000; and the Reserve Champion 4-H Broiler Pen, $6,000.

Participants in the Sale of Champions were asked to find hometown supporters to set a floor price for bidding. The purchaser in the auction paid the difference between the floor price and the final sale price. Each participant in the Sale takes home a check for 80 percent of the animal's sale price. The IFAA keeps 20 percent to fund the scholarship program and cover Sale expenses. In addition to their sale earnings, the exhibitors of the Grand Champion 4-H Market Steer, Grand Champion 4-H Market Hog and Grand Champion FFA Market Lamb earn the use of a new aluminum livestock trailer for one year courtesy of Featherlite, Inc., of Cresco.

A complete list of champion animals, prices, buyers and local support follows.

When added with the $113,900 of scholarships and performance and carcass awards presented prior to the Sale, the IFAA bestowed $361,400 on young livestock and poultry exhibitors during the day's event. Since the inception of the Sale of Champions in 1988, the IFAA has given out more than $3.3 million through sale proceeds and scholarships to deserving youth participants in agricultural-related projects and interested in agricultural-related careers.

The Iowa State Fair "Sounds Like Fun" and runs through August 19. The Fairgrounds are located at East 30th and East University Avenue, just 10 minutes east of downtown Des Moines, and are open 8 a.m. to 1 a.m. each day of the Fair. Exhibit hours may vary. For more information, call 800/545-FAIR or visit www.iowastatefair.org.

Note to Editor: A table of the exhibitors, prices and buyers is available on the Sale of Champions page of the Iowa State Fair web site. Additional biographical information on the 2007 Iowa State Fair Sale of Champions winners is also available through the Iowa State Fair web site. Please contact your hometown winners for names of local supporters. If you would like a photo of your local champion, please contact the Iowa State Fair Marketing Department by email at steve@stevepope.com or by telephone at 515/262-3111, ext. 204. 2007

                         2007 SALE OF CHAMPIONS

   ANIMAL            EXHIBITOR         PRICE             BUYERS
-------------------------------------------------------------------------
Grand Champion      Nolan Ferguson    $40,000*^    Hy-Vee Food Stores with
4-H Market Steer    New Sharon                     support from Midwest
                                                   Club Calf Producers and
                                                   Sullivan Supply,
                                                   Inc,; $22,400 local
                                                   support

Reserve Champion    Keaton Lundquist  $29,000*     Midwest Club Calf
4-H Market Steer    Prescott                       Producers with support
                                                   from Sullivan Supply,
                                                   Inc.; $18,440 local
                                                   support

Grand Champion      Mandy Kohlhaas    $22,000      Dee Zee, Inc., with
4-H Market Heifer   LuVerne                        support from Midwest
                                                   Club Calf Producers,
                                                   Spring Valley Golf,
                                                   Sullivan Supply, Inc.,
                                                   Holmes Animal Clinic and
                                                   Wade Rodgers; $12,550
                                                   local support

Reserve Champion    Jordan Hullinger  $15,500*     Robert Bettle, Ankeny,
4-H Market Heifer   Davis City                     with support from
                                                   Midwest Club Calf
                                                   Producers, Sullivan
                                                   Supply, Inc.; $6,650
                                                   local support

Grand Champion      Chelsea Keninger  $40,000*^    Iowa Select Farms with
FFA Market Hog      Ackley                         support from IVESCO,
                                                   ADM Alliance Nutrition/
                                                   ShowTec, ALPHARMA
                                                   Animal Health, United
                                                   Suppliers, Boehringer
                                                   Ingelheim, Mid States
                                                   Milling and FC Coop;
                                                   $13,700 local support

Reserve Champion    Cody Schminke     $15,000*     Elanco Animal Health
FFA Market Hog      Van Horne                      with support from Dave
                                                   Fenton, ADM Alliance
                                                   Nutrition/ShowTec, Lucta
                                                   USA, PIC, and Brad Dave
                                                   Alumaline; $7,350 local
                                                   support

Grand Champion      Dan Harmsen       $14,000      Hy-Vee Food Stores with
4-H Market Hog      Rock Valley                    support from Boehringer
                                                   Ingelheim and Newsham
                                                   Genetics; $6,780 local
                                                   support

Reserve Champion    Rebecca Freeman   $22,000      The Iowa Machine Shed
4-H Market Hog      Ogden                          Restaurants with support
                                                   from IVESCO, Iowa Select
                                                   Farms, ADM Alliance
                                                   Nutrition/ShowTec,
                                                   Hubbard Feeds/ShowRite;
                                                   $10,715 local support

Grand Champion      Dani Berry        $ 5,000      IVESCO with support from
FFA Market Lamb     Sac City                       ADM Alliance Nutrition/
                                                   ShowTec; $2,500 local
                                                   support

Reserve Champion    Ashley Graff      $12,000      Kemin Industries, Inc.,
FFA Market Lamb     Osceola                        with support from Kent
                                                   Langemeier; ADM Alliance
                                                   Nutrition/ShowTec;
                                                   $3,750 local support

Grand Champion      Brenden Kuesel    $13,000*     Hy-Vee Food Stores with
4-H Market Lamb     Victor                         support from ADM
                                                   Alliance Nutrition/
                                                   ShowTec and Terry Dale;
                                                   $6,125 local support

Reserve Champion    Tanner Berry      $10,000      Friends of the Iowa
4-H Market Lamb     Sac City                       Foundation for
                                                   Agricultural Advancement
                                                   with support from ADM
                                                   Alliance Nutrition/
                                                   ShowTec; $5,000 local
                                                   support

Grand Champion      Stephen Smith     $ 4,000      Central Iowa KFC and
4-H Broiler Pen     Runnells                       Pilgrams Food Systems;
                                                   $2,500 local support

Reserve Champion    Kristin Arkfeld   $ 6,000*     Artistic Waste Services;
4-H Broiler Pen     Earling                        $1,835 local support



                                         SALE TOTAL (14 AWARDS): $247,500
                                 SCHOLARSHIPS TOTAL (79 AWARDS): $100,350
               CARCASS AND PERFORMANCE AWARDS TOTAL (79 AWARDS): $ 13,550
                                       GRAND TOTAL (172 AWARDS): $361,400

* Denotes new record.  ^ Denotes all-time species high record

Contact Information

  • Contact:
    Lori Chappell
    515/262-3111, x. 204