Lake Travis FFA Alumni

February 4th, 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

• 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?

TCYS Show Results

Teacher UpdateSA Stock Show

Species Arrival Unload Check In Judge Auction

Lambs 2/10 5p – 2/11 12p 2/11 @5a 2/11 8a – 3p 2/12 @8a2/13 @8a 2/20 @5p

Goats 2/10 5p – 2/11 12p 2/11 @5a 2/11 8a – 3p 2/12 @9a2/13 @9a 2/20 @1p

BarrowGroup 1 2/15 12a – 7a 2/15 @1a 2/15 7a – 2p 2/16 @7a

2/17 @7a 2/21 @4p

BarrowGroup 2 2/17 5p – 2/18 12p 2/18 @5a 2/18 7a – 2p 2/19 @7a

2/20 @7a 2/21 @4p

Steer 2/17 6a – 2/18 8a 2/17 @12p 2/18 8a – 3p2/19 @8a2/20 @8a2/21 @8a

2/22 @10a

Minutes and Financials

Posted Online at: http://laketravisffa.ffanow.org/default.aspx?ID=24972

Motion and vote

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

Meeting Minutes (1/7/14)• Sent to Google Group distribution

Minutes Financials

Adobe Acrobat Document

Microsoft Excel Worksheet

TCYS Show Wrap Up

• Kevin Slide– Cantina Surplus– Shavings Surplus

TCYS Show Thanks

• Kevin Cotton (Big Cheese)• Karl Arneson (Cantina)– Steve Greer, Preston Gregg, Beth Cotton

• Steve Greer (Logistics)• JoAnna Janecek (Decorating)• Michelle Greer (Herdsmanship)• RVs (Lisa Houston)

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

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

Microsoft Word Document

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

TCYS Bidding Overview

The Process1. Alumni fill out bid sheets for each LT lot with our bid amount

on line 12. Each floor member select 3-4 kids to increase bid amount3. Floor member circles the floor soliciting additional bids for LT

kids they are currently working4. Return bid sheets to home base and select next batch5. 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.

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

TCYS Bidding Overview

Greatest Bang for the Buck 1. Send TARGETED letters to TCYS buyers• Share list with Alumni officers

2. Do business with TCYS buyers3. Support buyer groups fundraising events4. Get add-ons from business YOU frequent5. Get add-ons from family6. Know somebody with money

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