Auctions & Sales

The Houston Livestock Show and Rodeo™ junior market auctions reward young Texas 4-H and FFA students for their hard work year round. Volunteers on the four auction committees ensure that all exhibitors who make the auction receives above-market prices for their junior market animals. Additionally, various commercial livestock sales are held during the Rodeo.

2021 Schedule

Auctions

Auction Date Location
RODEOUNCORKED!® Champion Wine Auction & Dinner
(advance ticket purchase required)
Feb. 28, 2021 — 6 p.m. NRG Center, 2nd floor
Junior Commercial Steer Sale March 8, 2021 – 2 p.m. NRG Arena, Sales Pavilion
Junior Market Lamb & Goat Auction March 12, 2021 – noon NRG Arena, Sales Pavilion
Junior Market Poultry Auction March 13, 2021 – noon NRG Arena, Sales Pavilion
School Art Auction March 14, 2021 – noon NRG Arena, Sales Pavilion
Junior Market Barrow Auction March 19, 2021 – noon NRG Arena, Sales Pavilion
Junior Market Steer Auction March 20, 2021 – 11 a.m. NRG Arena, Sales Pavilion



How Junior Market Auctions Work

Generous buyers are not only supporting the exhibitors who are selling their livestock, the bids also go toward funding scholarships and educational programs for the youth of Texas. See the payout distribution below.

Based upon placing, the Houston Livestock Show and Rodeo™ establishes a guaranteed minimum payment for each exhibitor who qualifies for a junior market auction. The Rodeo also sets a cap amount above the guaranteed minimum for each auction lot. When bidding exceeds the cap amount, the additional funds go into the Rodeo’s Educational Fund to be used for scholarship and grant recipients. Amounts bid between the guaranteed minimum and the cap are accumulated in the bonus pool, and are used to cover any lots that did not bring the guaranteed amount, as well as auction expenses and auction committees’ operations.

Payout Distribution

The following payout distribution shows the guaranteed payment and the cap amount for each exhibitor placing. Each auction is conducted by a dedicated committee of volunteers who pre-sell a majority of the lots to ensure that each exhibitor receives a minimum guaranteed amount, regardless of whether or not a bid is received on every lot. Guaranteed premiums are set at a level to maximize the fundraising ability of each auction committee while ensuring that exhibitors receive a premium over market value. Auction committees actually begin pre-selling lots in the fall of the year with the goal of raising the total guaranteed premium in advance of the auction.

Barrows

PLACE GUARANTEED PREMIUM CAP
Grand Champion $40,000 $50,000
Reserve Grand Champion 25,000 30,000
Breed Champions 10,000 12,000
Reserve Breed Champions 7,500 10,000
Division Champions 4,000 7,500
Reserve Division Champions 3,000 7,500
1st Place 2,000 7,500
2nd Place 1,750 7,500
3rd Place 1,500 7,500
4th Place 1,250 7,500
All Remaining Places 1,000 7,500

Broilers

PLACE GUARANTEED PREMIUM CAP
Grand Champion $30,000 $40,000
Reserve Grand Champion 15,000 20,000
1st – 10th Place 4,000 5,000
11th – 15th Place 1,250 5,000
16th – 25th Place 800 5,000
26th – 50th Place 700 5,000
51st – 75th Place 600 5,000
76th – 100th Place 500 5,000

Goats

PLACE GUARANTEED PREMIUM CAP
Grand Champion $30,000 $40,000
Reserve Grand Champion 20,000 25,000
Division Champions 10,000 15,000
Reserve Division Champions 7,500 12,000
1st Place 5,000 7,500
2nd Place 4,000 7,500
3rd Place 3,000 7,500
4th Place 2,000 7,500
5th Place 1,500 7,500
6th Place 1,100 7,500
All Remaining Places 1,000 7,500

Lambs

PLACE GUARANTEED PREMIUM CAP
Grand Champion $40,000 $50,000
Reserve Grand Champion 25,000 30,000
Breed Champions 10,000 12,000
Reserve Breed Champions 7,500 10,000
1st Place 5,000 7,500
2nd Place 4,000 7,500
3rd Place 3,000 7,500
4th Place 2,000 7,500
5h Place 1,500 7,500
6th Place 1,100 7,500
All Remaining Places 1,000 7,500

Steers

PLACE GUARANTEED PREMIUM CAP
Grand Champion $75,000 $85,000
Reserve Grand Champion 40,000 45,000
Breed Champions 15,000 20,000
Reserve Breed Champions 12,500 15,000
1st Place 6,000 15,000
2nd Place 5,000 15,000
3rd Place 3,000 15,000
4th Place 2,750 15,000
5th Place 2,500 15,000
All Remaining Places 2,250 15,000

Turkeys

PLACE GUARANTEED PREMIUM CAP
Grand Champion $30,000 $40,000
Reserve Grand Champion 15,000 20,000
1st - 12th Places 4,000 5,000
13th - 24th Places 700 5,000
25th - 36th Places 600 5,000
All Remaining Places 500 5,000