Sept/Oct 2021 Fall Edition

2021 AmericanRoyal JuniorMarket Auction

Past Junior Auction Grand Champion Stats 2001-2020

The 2021 Junior Premium Livestock Auction will feature market steers, lambs, goats, and hogs and will be held at the American Royal Complex. Distribution of Auction Sale Price: 85% of the sale price will go to the exhibitor, 15% will go to the American Royal up to price levels stated below. Exhibitors with a sale price less than $10,000 will receive a 100% payout of proceeds due. This check will be sent to the exhibitor via mail no later than January 31, 2022. Exhibitors with a sale price of $10,000 or more will receive an 80% payout of proceeds due. This check will be sent to the exhibitor via mail no later than January 31, 2022. The remaining 20% of the amount due to the exhibitor will be held by the American Royal as a scholarship for the exhibitor. The scholarship will be paid directly to the exhibitor’s institution of higher learning and will be available upon request of the exhibitor once enrolled in a qualified institution which may include technical school, community or junior college, university, and graduate or professional school. As stated above, 85% of the sale price UP TO the following price level (chart below) will go to the exhibitor. The remaining 15% will go to the American Royal. Once the sale price exceeds the following price, the exhibitor will receive 50% and the American Royal will receive 50%. Price Levels Market Steers Grand Champion - $40,000 Reserve Champion (and all other steers) - $20,000 Market Lambs, Goats, and Barrows Grand Champion - $10,000 Reserve Champion (and all other lambs, goats, and barrows) - $5,000 The American Royal reserves the right, in the event of extenuating circumstances, to provide held scholarship funds to exhibitors before enrollment in a qualifying institution of higher learning or in the event the exhibitor does not attend an institution of higher learning as outlined above. The determination of what constitutes “extenuating circumstances” shall be wholly at the discretion of the American Royal.

Year

Steer

Hog

Lamb

Goat

2001

$40,000

$10,000

$7,500

2002

$57,500

$11,500

$5,500

2003

$42,000

$8,500

$4,500

2004

$42,000

$17,000

$19,000

$15,000

2005

$100,000

$23,000

$16,000

$13,000

2006

$115,000

$11,000

$5,500

$4,500

2007

$150,000

$30,000

$12,000

$11,000

2008

$75,000

$17,000

$8,500

$10,000

264

2009

$60,000

$27,000

$14,000

$5,500

2010

$60,000

$7,500

$15,500

$9,000

2011 2012

$60,000

$20,000

$10,000

$5,500

$100,000

$32,000

$10,000

$9,000

2013

$170,000

$40,000

$60,000

$6,000

2014

$200,000

$25,000

$17,500

$25,000

2015

$160,000

$43,000

$32,000

$32,000

2016 2017 2018 2019 2020

$210,000

$17,000

$25,000

$7,000

$220,000

$25,000

$20,000

$19,000

$250,000

$30,000

$7,500

$13,000

$250,000

$27,000

$17,000

$20,000

$280,000

$37,500

$15,000

$12,50

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