NATIONAL WESTERN AUCTION OF JUNIOR LIVESTOCK CHAMPIONS

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1 NATIONAL WESTERN AUCTION OF JUNIOR LIVESTOCK CHAMPIONS Grand Champions and Reserve Grand Champions and top placing market steer market swine, market lambs and market goats will sell at auction Friday, January 20, 2017, in the Beef Palace Auction Arena at 6:30 p.m. SALE CONDITIONS 1. The Auction of Champions will be conducted under the management and direction of the National Western Stock Show. 2. The Stock Show will select top placing market steer, market swine, market lambs and market goats to be sold and reserves all rights to designate which animals go into the sale. 3. Animals offered for sale must be regularly entered and shown at the 2017 National Western Stock Show. All animals designated for the sale must sell in the sale and go directly to slaughter. 4. Two (2) calves from the Catch-A-Calf Program will be selected for the Auction of Junior Livestock Champions to be held Friday, January 20, Those calves will be chosen on points using a formula which includes Record Book, Sponsor Relations, Interview, Production, Live Placing and Showmanship. These two (2) calves will be designated following the awards portion of the Catch-A-Calf Show. 5. Seller will be limited to selling one (1) animal per species, unless seller owns both the Grand Champion and Reserve Grand Champion, then both will sell. 6. Official weight at time of processing will be used for sale weight. 7. Show placings will determine the order of sale. 8. Condition of Sale for all species - To provide for entry of market steer that are fed and shown on a practical basis, not being abnormally shrunk nor held off feed. The price paid on ANY market beef in the National Western Stock Show auction which does not grade select or better by USDA standards, will receive the median price for the sale, providing the bid price through the ring is not lower than the median, in which case, the exhibitor will receive the bid price. (Median is the price that falls in the middle with as many market steer selling above it as below it not the average price). 9. National Western Livestock Sale Proceeds. Sale checks for National Western Livestock Sales, including Auction of Junior Livestock Champions, which may be affected by any initial drug testing fees for random tests for any foreign substances will be charged on a prorated basis of animals shown and sold. If there is a charge for a stop test, it will likewise be prorated back to the Participant on a prorated basis. The prorated amount will be deducted from the sale proceeds of each animal after the National Western Stock Show receives the final results and billing of the tests. Proceeds will be issued at this time. This method of prorated deduction and distribution of sale proceeds is approved by the Packers and Stockyards Division. Proceeds from Sales not affected by testing fees will be forwarded to Participants as soon after close of the show as they can be properly processed. 10. If any animal is condemned at slaughter for any reason, the exhibitor will NOT receive payment for that animal and must accept the consequences without recourse against the National Western Stock Show. The National Western Stock Show is not liable for any breaches of contract between the seller and buyer. 11. A commission charge of five (5%) percent of the gross sale price will be levied against all stock sold in the Junior Sale. Please refer to Junior Livestock Show Rules and Regulations item: Sale Proceeds, Commissions, and/or Deductions. 12. Junior Market Participants, which qualify for sale will be responsible for the care, custody, control, feeding of their animals, and removal of all foreign material until loaded for slaughter. Any exhibitor failing to appear for sale after being accepted and included in the sale order will be barred from selling in any future National Western Sales, the animal will be pulled from the sale order and the exhibitor will receive the buy back price for their animal. 13. Sale Proceeds, Commissions, and/or Deductions a. A five percent (5%) commission of the gross sale price for all animals sold in the Auction of Junior Livestock Champions or three percent (3%) of gross sale price for all animals not qualifying for the Auction of Junior Livestock Champions (sifted or sold direct to packing house), will be deducted to cover the cost of handling and office charges of the National Western Stock Show; and b. Deduction(s) as required from packing house and/or those required by state regulations such as, but not limited to; Colorado Beef Board, Colorado Pork Producers, Colorado Brand Board, freight charges, etc.; and c. Ten percent (10%) of the gross sale price of all animals sold in the Auction of Junior Livestock Champions will be directed to the National Western Scholarship Trust; and 227

2 AUCTION OF JUNIOR LIVESTOCK CHAMPIONS (continued) d. Ten percent (10%) of the gross sale price of the Grand Champion and Reserve Grand Champion of each specie will be directed to the carcass contest(s). Stock Show will in no way be responsible for breaches of contract between seller(s) and buyer(s). If a carcass of any animal, regardless of being sold through the Auction of Junior Livestock Champions sifted, or sold direct to a packing house, is condemned for any reason, the Participant will receive no payment. Stock Show will in no way be liable or responsible for condition of carcass or sale of animal. If prohibited substance(s) are found in blood, urine, tissue, hide or carcasses of animals at time of testing or following slaughter or if there is any evidence of unethical fitting, sabatoge and/or tampering, the Participant forfeits all rights and is subject to all sanctions, including, but not limited to disqualification, and barred from future participation in the National Western Stock Show. 14. Premier Exhibitor. Any Participant who qualifies for the Premier Exhibitor Award who does not participate in the Interview portion of the program, will receive only fifty (50%) percent of the premium sale price received from the Auction of Junior Livestock Champions. (Explanation: Participant will receive the full buy back price (net less appropriate deductions) from the packing house, but will receive only fifty (50%) percent of whatever amount was bid, net less appropriate deductions, at the Auction of Junior Livestock Champions). The balance will remain in the Scholarship Program JUNIOR AUCTION COMMITTEE Buck Hutchison & Bruce Wagner, Co-Chairman Jo Adams Bret Fox Beth Ann Parsons Paul Andrews Mike Harry Bronwyn Pepple Randy Blach Bob Heykoop Colette Ratcliff Jim Cage Steve Holdren Tom Romer Rita Carey Jennifer Holt Lindsay Serrell Chris Castilian Martin Hummel Dave Sogge Justin Cumming Blake Hutchison Don Thorn Merial Currier John Korrey Travis Vallin Lee Dailey Joe O'Dea Robyn Volkening John DellaSalle Bob Ostertag Shawn Wotowey Rip Roarin' Fun for a Great Cause! 2017 AUCTION OF JUNIOR LIVESTOCK CHAMPIONS FRIDAY, JANUARY 20 4:30 p.m. - 9:00 p.m. Beef Palace Auction Arena Must be a registered bidder or combine member to attend. **Average bid price $2,500 - $5,000 Contact: Morgan or mtopolnicki@nationalwestern.com OFFICIAL SPONSOR OTHER OUTSTANDING SUPPORTERS 9 NEWS US Foods KM Concessions, Inc. Anadarko Petroleum Dilley Printing 228

3 SULLIVAN SUPPLY INC. Order Line: Dunlap, Iowa Order Line: Hillsboro, Texas Order Line: Lodi, California 229 Find Us On...

4 AUCTION OF JUNIOR LIVESTOCK CHAMPIONS (continued) THE NATIONAL WESTERN SCHOLARSHIP TRUST 80 + Scholarships Awarded Every Year! Colorado State University Masters in Beef Industry Leadership Masters in Integrated Resource Management Veterinary Medicine and Biomedical Science (Emphasis in Large Animal Practice) *Jim Henry Scholarships University of Colorado Medical School Medical Residencies in Rural Family Practice Medical Degree in Rural Practice Program Physician s Assistant in the Rural Practice Program Physical Therapist in Rural Practice Program University of Wyoming Courtenay C. Davis Cliff Hansen Scholarships Livestock Leadership Graduate degree in Agricultural Science Aims Community College Casper College Colorado Northwestern Community College Rural Nursing Program Laramie County Community College Lamar Community College Northeastern Junior College Sheridan College VALUE: $2,500 TO $15,000 per year ELIGIBILITY: Participation in the National Western during the annual January show is required. This includes livestock showing and/or judging, the NW internship program, the NW volunteer program, Westernaires, and sanctioned 4-H/FFA projects. This does not include participation in shows held at the National Western at times other than the actual January Stock Show dates for each specific year. Recipients must major in Agricultural Science, Rural Medicine or Veterinary Medicine. Recipients must maintain a minimum of 2.0 semester GPA, and a 3.0 cumulative GPA. APPLICATIONS: Applicants apply directly to the school. INFORMATION: Morgan Topolnicki, Scholarship Manager, , mtopolnicki@nationalwestern.com The Following Events Contribute to the NW Scholarship Trust: Coors Western Art Exhibit & Sale Citizen of the West Auction of Junior Livestock Champions 230

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