The cost of a 4-H or FFA animal is higher than a commercially raised animal because of the individual attention given to the animal’s development. The youth exhibitors spend countless hours feeding, cleaning, exercising, and raising these animals. This special attention delivers an exceptional product and deserves a premium price above the market price. While many factors can affect this, the “Break Even Price” noted below is the cost that should allow the exhibitor to break even. We like to suggest this “Break Even Price” as the minimum auction bid amount. Often this is the price the Auctioneer will start the bidding at for each animal as it comes across the auction block.
Please remember exhibitors are looking to earn a profit, which can then be reinvested into next year’s project, college, or future investments. So please consider bidding more to help them achieve this goal. Remember – your auction purchase is tax-deductible to the extent permissible by law.
The Santa Clara County fair is a registered 501c3 charitable organization. For further information contact your tax professional