Sixty-odd years ago Ralph Smith had an idea that has been a godsend for scores of Allen County youngsters. SMITH CRIED the sale for years, along with other local auctioneers, all of whom donate their time and talents. It’s a good bet that the experience always was one that Smith cherished, not just year-to-year but also for realizing that he had a hand in starting an event that has been extremely successful all through the years.
Smith, who died in 2010, was farmer, banker and auctioneer by trade, and when he proposed and started the Allen County Fair Livestock Auction, open to 4-H and Future Farmers of America members, he opened the door for many youngsters to realize handsome returns for hard work.
This year’s sale, as it has been for years, is Thursday evening and essentially polishes off the annual county fair.
Young exhibitors may sell one animal each year, with bidders often pushing totals they receive high above market price.
Fact is, that’s how the sale works. A market price is set before the auction starts and bidders add to that, paying a “premium” to bolster the young seller’s rewards.
Buyers may take possession of animals they purchase, either for processing or whatever reason, or may “ship” them, which means they’re sent to a packing company that assumes responsibility for the market price portion of the sale.
Championship animals usually bring the highest premiums, but not always. That adds intrigue to the event, with friends, neighbors and business folks picking their favorites and opening their checkbooks to help out the kids.
Many of the youngsters accumulate hefty college funds through the auction in a decade of 4-H membership.
Anyone may participate as a buyer, and none leaves the auction without good feelings for having recognized and helped youngsters make their dreams come true.
If you’re going to the auction, show up a little early, find a good seat and enjoy. You won’t be disappointed.
— Bob Johnson
Annual auction helps youngsters
