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Lake Travis FFA Alumni

Lake Travis FFA Alumni. February 4 th , 2014. Agenda. Teacher’s Update Minutes and Financials TCYS Show Wrap Up and Thanks TCYS Auction Results and Thanks TCYS Auction Baskets and Bidding Overview Important Dates. Teacher Update. TCYS Show Results. LT FFA Sale Lots Youth Fair: 17

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Lake Travis FFA Alumni

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  1. Lake Travis FFA Alumni February 4th, 2014

  2. Agenda • Teacher’s Update • Minutes and Financials • TCYS Show Wrap Up and Thanks • TCYS Auction Results and Thanks • TCYS Auction Baskets and Bidding Overview • Important Dates

  3. Teacher Update TCYS Show Results • LT FFA Sale Lots • Youth Fair: 17 • Rabbits/Turkeys: 4 (Reserve Grand Turkey) • Lambs: 5 (Reserve Grand Lamb and Breed Reserve Lamb) • Goats: 5 • Swine: 11 • Steer: 0 • Herdsman Awards • 2 walk-throughs per day (40pt max each) • 10pt each (pens + aisles + animals + school/child identity) • Swine: 2nd place ($300) • Lamb/Goats: ? • Steer?

  4. Teacher Update SA Stock Show

  5. Minutes and Financials Posted Online at: http://laketravisffa.ffanow.org/default.aspx?ID=24972 Meeting Minutes (1/7/14) • Sent to Google Group distribution Treasurer’s Report (ending 1/31/14) • January Balance: $25,725 (start) and $10,534 (end) • Income: $105 Membership + $120 Shavings + $351 Cantina + $1000 Add-ons • Spending: $810 Tx dues + $15K TCYS Auction + $1000 Add-ons Minutes Financials Motion and vote

  6. TCYS Show Wrap Up • Kevin Slide • Cantina Surplus • Shavings Surplus

  7. TCYS Show Thanks • Kevin Cotton (Big Cheese) • Karl Arneson (Cantina) • Steve Greer, Preston Gregg, Beth Cotton • Steve Greer (Logistics) • JoAnnaJanecek (Decorating) • Michelle Greer (Herdsmanship) • RVs (Lisa Houston)

  8. TCYS Auction Results TCYS 2013 Results • Alumni spent $19,000 • ROI ~$88,000 • ~$40,000 for steers TCYS 2014 Results • Alumni spent $15,000 • ROI ~$62,000 • No steers TCYS 2013 Lots in Sale • Youth Fair: 6 • Rabbits/Turkeys: 1 • Lambs: 4 (1 breed reserve) • Goats: 5 • Swine: 12 ( 1breed reserve) • Steer: 4 (1 grand reserve) TCYS 2014 Lots in Sale • Youth Fair: 17 • Rabbits/Turkeys: 4 (grand reserve T) • Lambs: 5 (1ea grand/breed reserve) • Goats: 5 • Swine: 11 • Steer: 0 Thanks to: The Vasuts, The Amors, The Stones, Erin Leon, Kelly White, The Alumni Officers

  9. TCYS Baskets • LT FFA Alumni received 12 baskets • Inventory list: • The baskets are in my garage and we will dispose of them shortly • We gave Emily Cotton Reserve Lamb basket (Yeti cooler) to Direct Propane

  10. TCYS Bidding Overview The BIG Picture • Youth Fair and livestock auctions play out like 2 completely different auctions • YF auction is more like a real auction with competing bidders • YF bidders would rather win the bid outright and not be included on a bid sheet. Because of this, LT FFA Alumni was not high bidder on a single YF item—instead we were an ADD-ON. • Livestock is a faux auction with orchestrated bidding up to the total amount collected on the bid sheet • Livestock bidders are more about spreading the money around and putting $100-$200 on the bid sheets—LT FFA Alumni was high bidder on a majority of livestock projects (but not all) • Some bidders only participate in YF and some only participate in livestock, there are a few bidders that participate in both

  11. TCYS Bidding Overview The Process • Alumni fill out bid sheets for each LT lot with our bid amount on line 1 • Each floor member select 3-4 kids to increase bid amount • Floor member circles the floor soliciting additional bids for LT kids they are currently working • Return bid sheets to home base and select next batch • Repeat steps 2-4 for 12 hours until your brain is mush and everybody is out of money. Only stopping twice to go to the bathroom, woof down some brisket and a chug a bloody Mary.

  12. TCYS Bidding Overview Show me the money • LT FFA Alumni distributes funds equally among all LT students • Exception: Students of non-participating parents • How your animal places has ZERO relevance on amount of money received at auction • Exception: Grand/Reserve champions • If some LT project seemed to go for some a much higher price than the typical LT project, it was probably due to some outside entity other than LT FFA Alumni

  13. TCYS Bidding Overview Greatest Bang for the Buck • Send TARGETED letters to TCYS buyers • Share list with Alumni officers • Do business with TCYS buyers • Support buyer groups fundraising events • Get add-ons from business YOU frequent • Get add-ons from family • Know somebody with money

  14. Important Dates • 2/10 – 2/13 SA Market Lamb/Goat Show • 2/15 – 2/17 SA Market Barrow Group 1 Show • 2/17 – 2/20 SA Market Barrow Group 2 Show • 2/17 – 2/21 SA Market Steer Show • 2/17 Bad Weather Make-up Day • 3/4 Next Alumni/Chapter Meeting Meeting Adjourned

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