31st Production Sale Marchi Ranches Saturday, May 27, 2017

Smokey And Colts 31st Production Sale Marchi Ranches Saturday, May 27, 2017 at the Home Ranch Refreshments Served at Noon Silent Auction Bidding Begins May 18th and ends 1 p.m. May 27th Registered Purebred Wagyu Bulls- 2 Year Old s Registered Purebred Wagyu Yearling Bulls Registered Angus Bulls- 2 Year Old s Registered Purebred Wagyu Yearling Heifers marchiangus.com The minimum and maximum bid is in the catalog for each lot. Please feel free to come anytime to see the cattle.

SALE DAY PHONES Jon Marchi 406-250-7230 Liz Marchi 406-249-0637 MARCHI ANGUS RANCHES Jon Marchi 406-883-5470 fax: 406-883-5677 cell: 406-250-7230 Email: jonmarchi@marchiangus.com Alan Fritsch...406-883-0611 Jacob Marchi.406-250-5260 Shay Farmer..802-735-6680 Website.... www.marchiangus.com SILENT AUCTION This is our 17th Silent Auction Sale. The silent auction method significantly reduces our sale costs. And we are passing those savings on to you by lowering prices. Each lot has a minimum and maximum bid number. Here s how it works: 1. Get a bid number during sale day or in advance of the sale by calling, faxing, or emailing either Jon or Liz. 2. Each lot will have a bidding sheet at the sale. Write your bid number and bid amount on the sheet. 3. Bidding begins on Nov. 1 and closes at 1:00 p.m. on sale day. Lunch and refreshments will be served all day. 4. If you want to place a bid early or are not able to come to the sale then you can also call Jon or Liz to place bids. 5. Those bid sheets that have reached the maximum bid will be taken out of the sale as they are received. BULL CONDITIONING The bulls are in their working clothes and are ready to breed cows. They have not been clipped or groomed. Their feed is forage, just our hay and grass. We want them to be lean athletic breeding machines. The bulls are virgin and they get lots of exercise which provides stamina and sound feet and legs. Our system has worked well over the past 28 years for our customers. Rarely do we get a bull back. REGISTRATION CERTIFICATES Please let us know if you want the registration certificates transferred to your name. All cattle have registration certificates. CALVING EASE We have identified the cattle with calving ease with a symbol in the catalog. They qualify for calving ease based on the analysis of actual numbers, EPD s and our experience with the bull and dam. HEALTH Bulls have been fertility tested; Females Bang s vaccinated, and pregnancy tested by our veterinarian, Mike Marrinan, DVM, Hot Springs, MT 406-741-2576. All cattle have been 8-way vaccinated and had pour-on for external and internal parasites in the past 30 days. VOLUME PURCHASE DISCOUNT If you buy 3 to 8 head, we will give you a 5% discount on all your purchases. 9 to 14 head receives a 7.5% discount. If you buy 15 head or more there is a 10% discount on all cattle purchased. GUARANTEE All cattle sell fully guaranteed. If you are not satisfied, we will return your purchase price or replace your purchase with a mutually acceptable animal at your option. Please do not sell your animal without calling us first. BIRTH AND CURRENT WEIGHTS Actual birth and current weights for all cattle are provided in the catalog. TRANSPORTATION We will provide free delivery of your purchases anywhere in the United States up to the first 250 miles, then at a cost thereafter. If you haul your own, we will we will rebate $50.00 a head for the first purchase and $15.00 a head for the remaining purchase of up to $250.00 OUR HERD BULL STRATEGY All of our herd sires are owned by us. They are on our ranches and breed our cows naturally. This gives us the advantage of getting to know the bull s calving ease, disposition, stamina, fleshing ability and longevity. If we buy a bull and later find that he doesn t meet our criteria, then he is no longer used on our registered cows. THANK YOU We appreciate your support of Marchi Angus Ranches and wish all of you a prosperous 2017. 2 MARCHI RANCHES 31 ST PRODUCTION SALE MAY 27, 2017

To: Our Friends and Customers: 31st PRODUCTION SALE, SATURDAY, May 27th, 2017 BIDDING BEGINS ON May 18th AND ENDS May 27th AT 1:00PM AT THIS YEAR S SPRING SALE we are selling 51 cattle: 5 Registered Angus Bulls, 6 Registered Purebred Wagyu Bulls- 2 Year Old s 12 Registered Purebred Wagyu Yearling Bulls 28 Registered Purebred Bred Wagyu Yearling Heifers. These are a difficult time in the cattle business. The worst is over. Prices have dropped more than 50% in the last 12 months. Cattle-Fax recently came out with the actual numbers from October 23, 2015 to October 21, 2016. For example, a year ago 450# steers were selling at $244.68 per CWT. In October 2016 that price was $110 a loss. Today- May 1, 2017 is now $186.12 compared to $134 a year ago. LUNCH: Starting at Noon we will serve another great lunch featuring homemade beef at its best and our liquid refreshments that are so well liked. Lunch and refreshments will continue until Sale Day is over. Feel free to come and bring others even if you are not buying. OUR 30 TH PRODUCTION YEAR: We have had good years by pricing our cattle at fair and reasonable costs. We are proud of our cow herd. 100% of our semen testing for all this year passed with excellent results. They are noted in the catalog. We have a strong feeling that our children and grandchildren can carry on with the ranch and cattle. With this in mind, we will offer one Wagyu Heifer for one student who is active in 4-H and/or FAA. The student will take care of and own the animal. The heifer will put it in the Lake County Fair in 2017. Be sure to contact Jon 883-5470 or Liz 249-0637 for more information. We are grateful to you our friends and customers, 3 MARCHI RANCHES 31 ST PRODUCTION SALE MAY 27, 2017

My dad helped me start our registered Angus herd in the mid 1950 s. In 1993 our Wagyu herd was started by using semen from Washington State University. We bred a few of our registered Angus heifers. At calving time, we were amazed at the low birth weights with no calving problems. The best of our Wagyu heifer calves were registered with the American Wagyu Association. In 1999, for the first time, we put five purebred Wagyu in our production sale. At that time the breed had not been offered in a public sale in Montana. Since then we have included the Wagyu breed in our production sales. The Angus influence in our Wagyu herd is significant. Over the past 22 years we have selected only the best Wagyu/Angus heifers to put back in the herd. Weaning weights have increased significantly. The hybrid DNA is significant for milk, energy, and vigor. New Tag 6 Registered Purebred Wagyu Bulls- 2 Year Old s DOB BW WW Weight 4/18/17 % Wagyu Reg. # Semen Score Test Scrotal Min/Max 1 4/1/15 66 544 1028 95.31 PB22769 92 35 2000; 3500 2 4/22/15 55 421 988 95.31 PB22773 90 35 2000; 3500 3 4/8/15 60 514 928 96.87 PB22750 94 33 2000; 3500 4 3/27/15 57 381 910 95.31 PB22766 96 34 1800; 3000 5 3/15/15 58 482 881 96.87 PB22748 92 32.5 1800; 3000 6 3/23/15 56 437 830 95.31 PB22772 92 36 1700; 3000 You can place your bids on May 18th, closing on May 27th. Bids can be called in, emailed or faxed. You are welcome to come to the Ranch at any time to see our cattle. Purchase discounts are counted on a cumulative basis. Purchas of 3 to 8 head from any of our cattle in the sale with a 5% discount. 9 to 14 cattle with a 7.5% discount. 15 or more is a 10% discount. A maximum bid immediately buys the Bull. 4 MARCHI RANCHES 31ST PRODUCTION SALE MAY 27 TH, 2017

MAR SANJIROU 505 Reg. # PB22769 Birth Date: 4/01/15 WORLD K S MICHIFUKU 100 FB1615 CHR MICHIFUKU 217S 100 FB780 SUZUTAKA 2 100 FB6032 SIRE MAR KEVIN 832 93.75 PB15581 CHR SANJIROU 182R 100 FB1615 MAR HEATHERKURA 558 87.5 PC11090 MAR BLACK VELVET 1315 75 PC6926 WORLD K S SANJIROU 100 FB2501 CHR MS KITAGUNI 036H 100 FB4246 DAM MAR BLACK VELVET 958 96.87 PB11080 KEVINHANIFUJI 100 FB3620 MAR BLACK VELVET 1826 93.75 PB7067 MAR BLACK VELVET 192 87.5 PC5290 MAR KENHANAF 475 Reg. # PB22766 Birth Date: 3/27/15 WORLD K S MICHIFUKU 100 FB1615 CHR MICHIFUKU 2173 100 FB6780 SUZATAKA 2 100 FB6032 SIRE MARK KEVIN 832 93.75 PB15581 MAR HEATHERKURA 558 87.5 PC11090 MAR BLACK VELVET 1315 75 KENHANAFUJI 100 FB2461 KEVINHANIFUJI 100 FB2205 HEATHERKURA 100 FB2205 DAM MAR AMORI 1886 96.87 PB7071 RHR I KIKUYASU 100 FB3618 MAR AMOURI 101 93.75 PB5122 MAR BLACK ANN 58 87.5 PC4651 MAR KEVIN HANI 745 Reg. # PB22773 Birth Date: 4/22/15 WORLD K S MICHIFUKU 100 FB 1615 CHR MICHIFUKU 217S 100 FB6780 SUZUTAKA 2 100 FB6032 SIRE MAR KEVIN 832 93.75 PB 15581 MAR HEATHERKURA 558 87.5 PC 11090 MAR BLACK VELVET 1315 75 PC6926 WORLD K S SANJIROU 100 FB2501 CHR MS KITAGUNI 036H 100 FB4246 DAM MAR BLACK VELVET 2169 96.87 PB11074 KEVINHANIFUJI 100 FB 3620 MAR BLACK VELVET 1666 93.75 PB7072 MAR BLACK VELVET 738 87.5 PC4631 MAR SANJIRO 655 Reg. # PB22748 Birth Date: 3/5/15 KENJURO 99.8 PB6721 HOH HAKUSHO 37W 99.6 PB12698 YOSHIKEIKO 99.41 PB5848 SIRE MAR HAKUSHO 663 98.23 PB17753 MAR BLACK VELVET 1579 96.87 PB11068 MAR BLACK VELVET 1826 93.75 PB7067 WORLD K S SANJIROU 100 FB2501 CHR MS KITAGUNI 036H 100 FB4246 DAM MAR BLACK ANN 938 93.75 PB11082 HANSHOKU 100 FB2983 MAR BLACK ANN 264 87.5 PC5752 MAR BLACK ANN 1207 75 PC4039 MAR KIKUYASU 1055 Reg. # PB22750 Birth Date: 4/08/15 KENJURO 99.8 PB6721 HOH HAKUSHO 37W 99.6 PB12698 YOSHIKEIKO 99.41 PB5848 SIRE MAR HAKUSHO 663 98.23 PB17753 CHR SANJIROU 182R 100 FB6020 MAR BLACK VELVET 1579 96.87 MAR BLACK VELVET 1315 75 WORLD K S SANJIROU 100 CHR SANJIROU 182R CHR MS KITAGUNI 036H DAM MAR BLACK ANN 938 HANSHOKU 100 MARCHI OF BLACK ANN 264 MAR BLACK ANN 1207 75 MAR SANJIROU 595 Reg. # PB 22772 Birth Date: 3/23/15 WORLD K S MICHIFUKU 100 FB1615 CHR MICHIFUKU 217S 100 FB780 SUZUTAKA 2 100 FB6032 SIRE MAR KEVIN 832 93.75 PB15581 CHR SANJIROU 182R 100 FB1615 MAR HEATHERKURA 558 87.5 PC11090 MAR BLACK VELVET 1315 75 PC6926 WORLD K S SANJIROU 100 FB2501 CHR MS KITAGUNI 036H 100 FB4246 DAM MAR BLACK VELVET 1038 96.87 PB11080 KEVINHANIFUJI 100 FB3620 MAR BLACK VELVET 1666 93.75 MAR BLACK VELVET 738 87.5 5 MARCHI RANCHES 31ST PRODUCTION SALE MAY 27, 2017

You can start placing your bids on May 18th. Bidding closes on May 27th at 1:00 p.m. Bids can be called in, e-mailed, or faxed. The Bulls have been vaccinated, dewormed, and semen-tested. The semen test results are on our spread sheet along with the other important items such as EPD s, actual weights, and calving ease. The American Angus Association (AAA) beef values are also with EPD s. Our numbers range from $ +45.00 to $ +27.32. Very Positive. Purchaser discounts are counted on all your cattle purchases at the sale. 3 to 8 head earn a 5% discount. 9 to 14 head are a 7.5% discount and 15 or more receives a 10% discount. Contact information: Jon phone: 406-883-5470; cell: 250-7230; fax: 883-5677. Liz phone: cell: 406-249-0637 E-mail: jonmarchi@marchiangus.com and liz@frontierangels.com A MAXIMUM BID IMMEDIATELY BUYS THE BULL White Tag DOB Actual BW Calving Score WW EPD Weight 4/18/17 Reg # Semen Test Score Scrotal Min Bid Max Bid 8 4/23/15 83 +8 +34 1190 A18352 849 9 4/30/15 79 +4 +53 1136 A18352 855 10 4/11/15 70 +6 +34 1015 A18352 848 11 5/1/15 72 +7 +38 1050 A18352 857 12 5/15/15 73 +5 +38 1021 A18416 379 92 38 2000; 3000 94 39 2000; 3000 94 39 1800; 2800 94 38 1700; 2500 94 36 1700; 2500 6 MARCHI RANCHES 31 ST PRODUCTION SALE MAY 27, 2017

MAR SKY FRONTLINE 95 Reg. # AAA 18352849 Birth Date: 4/23/2015 SAV 8180 TRAVELER 004 HBL SKYY 9201 HBL MISS ICEY 7281 SIRE MAR TRAVELER 422 PAWS UP FRONTLINE 0453 MARCHI OF HAMMER 982 MARCHI OF ESTHER 550 BON VIEW NEW DESIGN 1407 KCJ ROPE DAM KCJ ELLEN MAR OF KIT THE KID 243 MF KIT THE KID 570 MARCHI OF BLACKCAP 1270 MARCHI OF TRACY 360 MAR SKYY RITO 125 Reg. # AAA 18352857 Birth Date: 5/1/2015 SAV 8180 TRAVELER 004 HBL SKYY 9201 SIRE HBL MISS ICEY MAR SKYY TRAVELER 422 PAWS UP FRONTLINE 0453 MARCHI OF HAMMER 982 MARCHI OF ESTHER 550 RITO 112 OF 2536 RITO 616 DEER VALLEY 112 6002 DAM MTNMEADOW BLACKCAP RJ P94 MAR OF PRINCE 263 WCC PRINCE N112 MARCHI OF KITTY 857 MARCHI OF TRACY 1424 MAR DEER VALLEY RITO 75 Reg. AAA 18352855 Birth Date: 4/30/15 RITO 112 OF 2536 RITO 616 DEER VALLEY 112 6002 SIRE MTNMEADOW BLACKCAP RJ P94 MAR DEER VALLEY 382 BCC RIGHT ON J26 MARCHI OF PRINCESS 1144 MARCHI OF PRINCESS 1371 SAV 8180 TRAVELER 004 HBL SKYY 9201 DAM HBL MISS ICEY 7201 MAR OF FORTUNE 423 ASCENT FORTUNE 4B MARCHI OF AMBER 901 MARCHI OF AMBER 94 MAR DEER VALLEY PRINCE 355 Reg. # AAA18416379 Birth Date: 05/15/15 RITO 112 OF 2536 RITO 616 DEER VALLEY 112 6002 MTNMEADOW BLACKCAP RJ P94 SIRE MAR DEER VALLEY 382 BCC RIGHT ON J26 MARCHI OF PRINCESS 1144 MARCHI OF PRINCESS 1371 TWIN VALLEY PRECISION E161 WCC PRINCE N112 DAM GAR RITO 260 ASCENT FORTUNE 4B MARCHI OF MICHELE 461 MARCHI OF TRACY 736 MAR NEW TREND ROPE 45 Reg. # AAA 18352848 Birth Date: 4/11/15 RITO 112 OF 2536 RITO 616 DEER VALLEY 112 6002 MTNMEADOW BLACKCAP RJ P94 SIRE MAR DEER VALLEY 382 BCC RIGHT ON J26 MARCHI OF PRINCESS 1144 BON VIEW NEW DESIGN 1407 KCJ ROPE DAM KCJ ELLEN MAR OF NEW TREND 233 BCC RIGHT ON J 26 MARCHI OF JANET 703 MARCHI OF JANET 300 7 MARCHI RANCHES 31ST PRODUCTION SALE MAY 27, 2017

You can start placing your bids on May 18th. Bidding closes on May 27th at 1:00 p.m. Bids can be called in, e-mailed, or faxed. The yearling Bulls have been vaccinated and dewormed. They are eligible for shipment within the US and Canada. Wagyu registrations are pending. All Bulls are 93.75% Wagyu or more, which meets purebred standards. Volume purchase discounts are 5% for 5-9 head, 7.5% for 10-14 head and 10% for 15 or more head. The discounts include all cattle purchased at the sale. Contact information: Jon phone: 406-883-5470; cell: 250-7230; fax: 883-5677. Liz phone: cell: 406-249-0637 E-mail: jonmarchi@marchiangus.com and liz@frontierangels.com A MAXIMUM BID IMMEDIATELY BUYS THE BULL Selling 12 Purebred Wagyu Bulls White Tag DOB Actual BW Weight 4/22/2017 Polled/Scurs Sire Dam Min/Max Bid 13 4/11/16 65 685 P PB17753 PB11080 1500; 3000 14 4/12/16 66 648 P PB22750 PB7071 1500; 3000 15 4/12/16 60 651 P PB22750 PB6933 1500; 3000 16 4/13/16 58 672 P PB17753 PB11074 1500; 3000 17 4/14/16 56 590 P PB22750 PB11083 1300; 2700 18 4/15/16 57 555 P PB22748 PB11082 1300; 2700 19 4/16/16 60 560 P PB22750 PB11089 1300; 2700 20 4/16/16 62 676 P PB17753 PB11067 1500; 2500 21 4/16/16 64 682 S PB22748 PB7067 1500; 2500 22 4/19/16 61 648 S PB22748 PB7063 1500; 2500 23 4/21/16 63 664 S PB22748 PB7072 1500; 2500 24 4/22/16 60 636 S PB22750 PB6932 1500; 2500 8 MARCHI RANCHES 31ST PRODUCTION SALE MAY 27, 2017

White Tag DOB Actual BW Weight 4/22/2017 Polled/Scurs Sire Dam Min/Max Bid 25 4/17/16 65 738 P PB17753 PB15603 1250; 2300 26 4/17/16 58 670 P PB22750 PB15598 1250; 2300 27 4/19/16 62 674 P PB22748 PB15609 1250; 2300 28 4/21/16 63 648 P PB22750 PB17974 1250; 2300 29 4/22/16 59 650 P PB22750 PB15587 1250; 2300 30 4/15/16 60 614 P PB17753 PB11084 1250; 2300 31 5/1/16 63 676 P PB17753 PB11084 1250; 2300 32 4/24/16 62 646 P PB22750 PB22927 1250; 2300 33 4/24/16 57 634 P PB22748 PC22933 1250; 2300 34 4/19/16 53 605 P PB22748 PB17973 1250; 2300 35 4/23/16 54 581 P PB17753 PC22930 1150; 2200 36 4/30/16 56 578 P PB17753 PC6927 1150; 2200 37 4/25/16 52 520 P PB22748 PC22934 1150; 2200 38 4/27/16 55 562 P PB17753 PC17954 1150; 2200 39 4/28/16 58 528 P PB17753 PC17956 1150; 2200 40 4/25/16 56 526 P PB22748 PC22935 1150; 2200 41 4/29/16 54 520 P PB17753 PC11084 1150; 2200 42 4/25/16 57 518 P PB22750 PC22934 1150; 2200 43 4/23/16 59 509 P PB17753 PC22916 1150; 2200 44 4/16/16 63 675 S PB17753 PB11062 1200; 2200 45 4/23/16 60 664 S PB22750 PC22932 1200; 2200 46 4/26/16 59 639 S PB17753 PC11060 1200; 2200 47 4/18/16 58 606 S PB22750 PB15598 1200; 2200 48 5/2/16 61 652 S PB17753 PC5750 1200; 2200 49 4/27/16 56 523 S PB17753 PC6925 1100; 2100 50 4/20/16 57 556 S PB17753 PB5122 1100; 2100 70 4/16/16 60 636 H PB17753 PB11081 1100; 2100 71 4/22/16 54 567 H PB22748 PC11064 1100; 2100 9 MARCHI RANCHES 31 ST PRODUCTION SALE MAY 27, 2017

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Marchi Ranches 40979 Valley View Road Polson, MT 59860 marchiangus.com ADDRESS SERVICE REQUESTED FIRST CLASS Line Camp