General Information: Terms and Conditions
Terms:
Terms of the sale are cash. Each bull will be sold to the highest bidder. The Auctioneer will settle
any dispute as to bids. Bulls must be paid for by the buyer before being released. Each bull will be at the
buyer’s risk as soon as sold, but will be cared for by the management for a reasonable time until he is
loaded.
Registration:
Certificates will be transferred to the buyer at the seller’s expense.
Guarantee:
WBIA will guarantee the libido of sale bulls according to the following provisions. Bulls will
be guaranteed breeders by WBIA from sale day until August 1, approximately 110 days, provided the
bull(s) have been properly managed & are in good health as diagnosed by a licensed veterinarian. The
first $1700 of the purchase price will be considered the salvage value of any sale bull & will not be
reimbursed by WBIA. WBIA will cover the sale price of any non-breeder, as determined by the
pregnancy status of exposed cows; up to $3700
provided
a replacement bull is purchased from any
current WBIA member. Reimbursement formula used will be, Purchase Price minus Salvage Value
($1700) for a total possible maximum reimbursement of $2000. The money from this guarantee will be
paid directly to the seller of the replacement bull, at the direction & consent of the buyer & the seller, &
will be used to offset the purchase price of the replacement bull. Replacement bull price will be
negotiated between buyer & seller. Replacement bull costs exceeding the WBIA guarantee will be paid
by the buyer directly to the seller. If desired, the buyer may apply any reimbursement value toward the
purchase of any bull at the next WBIA Annual Bull Sale. In this event, the reimbursement would be in the
form of a credit to offset the auction price. WBIA Executive Director John Freitag &/or any Board
member(s) must be notified FIRST to start the replacement process.
Unforeseen conditions will be
addressed by & decided by WBIA Board action. Failure to breed due to injury or exhaustion is not
covered.
This guarantee is not an insurance policy. Insurance is available sale day at buyers’ expense.
A list of WBIA members is available from John Freitag.
Health:
Bulls will be tested for TB, Bangs & Anaplasmosis only if required. Interstate health papers will
be furnished on sale day. WBIA does not warrant bulls to be free of Johne’s. Any warrant is between
buyer and seller.
Bids:
Sealed bids may be sent to the Auctioneer, Ring men, Station Management, or any member of the
WBIA Board of Directors. Sealed bids will be handled with strictest confidence.
Sale day phone bids will
be accepted at 1-800-297-5747. Bidding is available through DV Auction.
It is recommended to register
in advance for prior approval and a bidding number at (402) 316-5460 or
Announcements:
Auction box announcements will take precedence over the printed materials in this
catalog.
Obligation:
It shall be expressly understood that all persons who attend this sale do so at their own risk.
The Wisconsin Beef Improvement Association & the University of Wisconsin & its employees assume no
liability, legal or otherwise, for accidents which may occur, & the terms of the sale shall constitute a
contract between Buyer & Seller.
Requirements:
The minimum requirements for entry into the test are 2.5 lbs of weight per day of age.
Bulls, which fail to meet the minimum requirements for scrotal circumference & breeding soundness as
established by the Society of Theriogeneology, have been eliminated from the sale. Structural
soundness has not been evaluated because of wide differences in opinion as to what is soundness or
unsoundness & will be left to the Buyer.
Ration:
All bulls were fed a total mixed ration balanced with dry hay, corn silage, cracked corn, dried
distillers grain and a balancer mix ad libitum, twice a day.
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