Red Cow Sells for $1 Million at Auction
Filed Under: Business | Posted: 08/01/2008 at 10:24AM
Comments | Region: Connecticut | United States
A rare red cow by the name of Apple was sold at an auction in Litchfield, Connecticut for a record-breaking $1 million.
A group of farmers from Illinois, Wisconsin and Iowa bid for the pricey bovine because of a combination of good genes, her rare red color and her breeding potential. Some of her calves were sold at the same auction, some fetching as much as $160,000.
The farmers hope the sale of the red cow’s will offspring will result in a profit on their initial investment. For the meantime, Apple the red cow will produce milk with all the other cows on a Wisconsin farm.