Tuesday, March 15th at 1:00 pm at the Estancia Ranch

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Phillip Cain
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2 March 1, 2016 We would like to invite everyone to the 20th Annual Manzano Angus Bull sale Tuesday, March 15th at 1:00 pm at the Estancia Ranch. Your support and interest in our program is sincerely appreciated! Our focus at Manzano Angus has been and will continue to be to produce cattle that will make commercial cattlemen profitable. To that end, we believe cattle must be moderate and maternal. Moderate in birth weight, mature weight and milk, while also fertile and low maintenance. We believe a calf should be profitable when it walks off the ranch, whether ownership is retained or the calf is sold. We once again sent our bulls to Mark Whetten at Conchas, NM to be developed. They are in ~200 acre traps being fed a high forage ration targeting a 2.5 to 3.0 lb/day gain. We hope by targeting a moderate gain with a forage based diet the bulls will adjust well to whatever environment they face after the sale. You are welcome to view the bulls anytime, either at Whetten s or at the Estancia Ranch where the bulls will be immediately prior to the sale. If you have any questions regarding the data don t hesitate to give us a call. We are happy to give assistance in matching you with the bulls that fit your needs. Also, if you cannot make it to the sale but are interested in purchasing a bull let us know. We are happy to assist you with both buying and delivery arrangements. Lunch will be served at 11:00 am. We would like to thank Zoetis for their sponsorship. 612X Daughter Bill, Lisa & Judd Gardner (505) or (505) Cole, Megan, Cade & Laney (575) Clayton (505)

3 20TH ANNUAL MANZANO ANGUS BULL SALE TUESDAY, MARCH 15, pm at the Estancia Ranch Selling 150+ yearling and 2 year old bulls Lunch sponsored by Zoetis INFORMATION AND TERMS: All bulls passed a breeding soundness exam (fertility) and are tested negative for PI, BVD and Trichomoniasis prior to the sale. Manzano Angus will retain 1/3 semen interest of all bulls unless otherwise noted. The buyer will retain full possession of the bull, any semen collection will be at the buyers discretion and the buyer will retain the full salvage value of the bull. The bulls sell under the suggested terms and conditions recommended by the American Angus Association. PICKUP AND DELIVERY: Bulls can be picked up sale day or any day until Tuesday, March 22nd (arrangements can be made to pick bulls up at our Yeso Ranch). Please consult with us prior to the sale if you need assistance with delivery. GENIC DEFECT: All sale bulls are free of AM (Curly Calf), NH (Hydrocephalus), CA (Fawn Calf) and DD (Developmental Duplication). DEVELOPMENT: The bulls have been developed on a high roughage, low concentrate ration, in traps to allow exercise. HERD HEALTH: Branding Ultrabac 7 Blackleg, Inforce 3 Pre-weaning Ultrabac 7 Blackleg + Somnus, Bovishield Gold one shot Weaning Bovishield Gold with Pasteurella, Ultrabac 7 Blackleg + Somnus, MycoplasmaB Guard, injected with Dectomax Other Poured with Ivermectin in January, Bovishield Gold 5, MycoplasmaB Guard in February SALE DAY CONTACTS Bill (505) Cole (575) Clayton (505) Lisa (505) Radale Tiner AAA (979) LOSS OF USE INSURANCE: Danita Agar of the Agar Insurance Agency will be present sale day. Danita can provide a variety of options to insure your new bull purchase. If you are interested in insuring your bull purchase talk to Danita sale day or call the Agar Agency at (575) or (575) prior to the sale. If customer chooses to decline any policy, Manzano Angus has no obligation to cover any losses due to injury, sickness or death. Manzano Angus does guarantee all cattle to be sound sale day. HELPFUL EXPLANATIONS: CALVING EASE DIRECT (CED) EPD is expressed as a difference in percentage of unassisted births, with a higher value indicating greater calving ease in first-calf heifers. CALVING EASE MATERNAL (CEM) EPD is expressed as a difference in percentage unassisted births with a higher value indicating greater calving ease in first-calf daughters. COW ENERGY VALUE ($EN), expressed in dollar savings per cow per year, assesses differences in cow energy requirements as an expected dollar savings difference in daughters of sires. A larger value is more favorable when comparing two animals (more dollars saved on feed energy expenses). Components for computing $EN include lactation energy requirements and energy costs associated with differences in mature cow size. WEANED CALF VALUE ($W), an index value expressed in dollars per head, is the expected average difference in future progeny performance for pre-weaning merit. $W includes both revenue and cost adjustments associated with differences in birth weight, weaning direct growth, maternal milk and mature cow size. BEEF VALUE ($B), facilitates the simultaneous multi-trait genetic selection for feedlot and carcass merit, based on dollars and cents. $B represents the expected average dollarper-head difference in the progeny post-weaning and carcass value compared to progeny of other sires. To show our appreciation to all our loyal, repeat buyers we offer the following discount policy. (Only eligible for one discount, highest discount will be applied) Buyers who purchased one or more bulls at last year s sale will receive a 3% discount. Buyers who have purchased bulls totaling $20,000 or more in past sales will receive a 5% discount. The 5% Discount does NOT apply if buyer has not purchased a bull in one of the last three sales (13, 14, 15).

Reference Sires OCC Homer 650H 13235197 2/16/98 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B 18-4.0 25 12 47-0.03 8-61 0.36 0.45 56.94 43.81-0.

Dixie Erica of CH 615 QAS Traveler 23-4 Bemindful Maid DHD 0807 PBC 707 1M F0203 Dixie Erica of CH 615 16761089 2/7/10 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B 12-1.6 35 10 52 0.

90 OCC Paxton 730P OCC Focus 813F Basin Rainmaker 654X Dixie Erica of CH 1019 OCC Blackbird 736K OCC Great Plains 943G OCC Blackbird 824G OCC Legend 616L OCC Emblazon 854E OCC Blackbird

85 OCC Paxton 730P OCC Focus 813F OCC Blackbird 736K OCC Homer 650H Manzano Enhancer 384 807 Basin Rainmaker 654X Dixie Erica of CH 1019 OCC Great Plains 943G OCC Blackbird 824G OCC Focus

4 Reference Sires OCC Homer 650H /16/98 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Focus 813F OCC Dixie Erica 816B Basin Rainmaker 654X Dixie Erica of CH 1019 DHD Traveler 6807 Dixie Erica of CH 1019 Basin Rainmaker DS 380U Basin Bardolene 423U PBC 707 1M F0203 Dixie Erica of CH 615 QAS Traveler 23-4 Bemindful Maid DHD 0807 PBC 707 1M F0203 Dixie Erica of CH /7/10 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Paxton 730P OCC Focus 813F Basin Rainmaker 654X Dixie Erica of CH 1019 OCC Blackbird 736K OCC Great Plains 943G OCC Blackbird 824G OCC Legend 616L OCC Emblazon 854E OCC Blackbird 632J N Bar Kinochtry Beauty /31/11 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Paxton 730P OCC Focus 813F OCC Blackbird 736K OCC Homer 650H Manzano Enhancer Basin Rainmaker 654X Dixie Erica of CH 1019 OCC Great Plains 943G OCC Blackbird 824G OCC Focus 813F OCC Dixie Erica 816B GAR Enhancer 5365 Manano Dawn Manzano Paxton /19/11 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Paxton 730P OCC Focus 813F OCC Blackbird 736K OCC Homer 650H Manzano Enhancer Basin Rainmaker 654X Dixie Erica of CH 1019 OCC Great Plains 943G OCC Blackbird 824G OCC Focus 813F OCC Dixie Erica 816B GAR Enhancer 5365 Manano Dawn

OCC Paxton 730P 14940735 3/14/04 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B 11-1.3 42 12 71 0.51 5-38 0.52 0.84 45.21 60.39 41.

5 OCC Paxton 730P /14/04 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Focus 813F OCC Blackbird 736K Basin Rainmaker 654X Dixie Erica of CH 1019 OCC Great Plains 943G OCC Blackbird 824G Basin Rainmaker DS 380U Basin Bardolene 423U PBC 707 1M F0203 Dixie Erica of CH 615 Dixie Erica of CH 1019 OCC Anchor 771A OCC Blackbird 778A OCC X-panse 612X /16/10 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Echelon 857E OCC Blackcap 872K DHD Traveler 6807 Dixie Erica of CH 1019 Papa Forte 1921 OCC Blackcap 787H QAS Traveler 23-4 Bemindful Maid DHD 0807 PBC 707 1M F0203 Dixie Erica of CH 615 Papa Optima 9818 Papa Envious Blackbird 8832 OCC Emblazon 854E OCC Blackcap 761E OCC Jet Stream 825J /24/99 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Emblazon 854E OCC Juanada 968G DHD Traveler 6807 Dixie Erica of CH 1019 OCC Eureka 865E OCC Juanada 774A QAS Traveler 23-4 Bemindful Maid DHD 0807 PBC 707 1M F0203 Dixie Erica of CH 615 OCC Backstop 888B Blackbird of RR 1204 DHD Traveler 6807 OCC Heros Juanada 700Y OCC Zebulon 619Z /31/12 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Jet Stream 825J OCC Blackcap 872K OCC Emblazon 854E OCC Juanada 968G Papa Forte 1921 OCC Blackcap 787H DHD Traveler 6807 Dixie Erica of CH 1019 OCC Eureka 865E OCC Juanada 774A Papa Optima 9818 Papa Envious Blackbird 8832 OCC Emblazon 854E OCC Blackcap 761E Manzano /22/13 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Paxton 730P OCC Missing Link 830M Manzano OCC Focus 813F OCC Blackbird 736K OCC Legend 616L OCC Headliner 661H OCC Dixie Erica 946K G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 OCC Moderator 825M /15/02 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Headliner 661H OCC Dixie Erica 845K OCC Emblazon 854E OCC Juanada 858F OCC Emblazon 854E OCC Dixie Erica 960H DHD Traveler 6807 Basin Rainmaker 654X OCC Juanada 709V DHD Traveler 6807 OCC Anchor 771A OCC Dixie Erica 907C OCC Linebred 661L /13/01 CED BW WW MILK YW SC CEM MW MARB RE $EN $W $B OCC Homer 650H OCC Dixie Erica 686J OCC Focus 813F OCC Dixie Erica 816B OCC Emblazon 854E OCC Dixie Erica 816B Basin Rainmaker 654X DHD Traveler 6807 DHD Traveler 6807 DHD Traveler 6807 Manzano Angus 5

Two Year Olds 1 Manzano 1172 4152 17914838 03/16/14 20-5.8 40 21 69-0.24 14 0.64 0.50 16.73 54.96 59.85 Manzano Ten 2026 Avg. BW Ratio 96 Avg. WW Ratio 109 Avg.

6 Two Year Olds 1 Manzano /16/ Manzano Ten 2026 Avg. BW Ratio 96 Avg. WW Ratio 109 Avg. YW Ratio B3R Tender Ten R065 Manzano Legend R67 B3R 0004 Electra B3R N Blackbird 203 Current SC 39.5 ACTUAL ADJUSTED RATIO Manzano 612X /17/ O C C X-panse 612X Manzano Linebred 1200 Avg. BW Ratio 101 Avg. WW Ratio 102 Avg. YW Ratio O C C Blackcap 872K O C C Linebred 661L Manzano PT Papa Forte 1921 O C C Blackcap 787H O C C Dixie Erica 686J N Bar Prime Time D806 Manzano Current SC Used on Manzano Angus Heifers ACTUAL ADJUSTED 556 RATIO Manzano 612X /13/ O C C X-panse 612X Manzano Avg. BW Ratio 104 Avg. WW Ratio 99 Avg. YW Ratio O C C Blackcap 872K Manzano Paxton 9113 Papa Forte 1921 O C C Blackcap 787H Manzano Emblazon Current SC Used on Manzano Angus Heifers ACTUAL ADJUSTED RATIO Manzano /25/ Manzano Paxton 0190 B3R Dawn Current SC 43.5 Avg. BW Ratio 105 Avg. WW Ratio 101 ACTUAL Avg. YW Ratio 98 ADJUSTED RATIO Manzano /06/ Manzano Avg. BW Ratio 101 Avg. WW Ratio 99 Avg. YW Ratio Manzano Manzano Echelon T89 Manzano 21X S104 Current SC 40.0 ACTUAL ADJUSTED RATIO

5 6 Manzano 2003 4651 17914914 03/10/14 7-0.9 33 13 59 0.32 4 0.26 0.65 31.00 32.23 64.

7 5 6 Manzano /10/ Manzano Paxton 2003 B3R Dawn O C C Dixie Erica 946K Manzano Miss Link 1034 O C C Hunter 928H Manzano Hunter R95 Manzano Avg. BW Ratio 94 Avg. WW Ratio 97 Avg. YW Ratio Current SC 41.0 ACTUAL ADJUSTED RATIO Manzano /19/ Manzano Jupiter 0192 Avg. BW Ratio 106 Avg. WW Ratio 98 Avg. YW Ratio O C C Jupiter 671J Manzano Homer P77 Manzano Current SC 40.0 ACTUAL ADJUSTED RATIO Manzano /28/ Manzano Avg. BW Ratio 103 Avg. WW Ratio 97 Avg. YW Ratio Manzano Homer P90 Current SC 42.0 ACTUAL ADJUSTED 556 RATIO Manzano /18/ Manzano Legend 0045 Avg. BW Ratio 103 Avg. WW Ratio 100 Avg. YW Ratio Manzano Rainmaker U56 O C C Blackbird 632J Basin Rainmaker 747L Manzano 212 S97 Current SC 42.0 ACTUAL ADJUSTED 608 RATIO Manzano 612X /27/ O C C X-panse 612X 3MHR Anchor 624 # of Calves 6 Avg. BW Ratio 101 Avg. WW Ratio 93 Avg. YW Ratio 94 O C C Blackcap 872K O C C Anchor 771A Manzano Gammer 907 Papa Forte 1921 O C C Blackcap 787H O C C Juanada 709V G A R Traveler 1489 Manzano Gammer CH 711 Current SC 42.0 ACTUAL ADJUSTED RATIO Manzano Angus 7

Two Year Olds 11 Manzano 0176 4717 18042215 02/28/14 10-0.5 36 13 56 0.17 6 0.32 0.71 26.62 32.55 52.42 Manzano 815 0156 Avg. BW Ratio 103 Avg. WW Ratio 100 Avg.

8 Two Year Olds 11 Manzano /28/ Manzano Avg. BW Ratio 103 Avg. WW Ratio 100 Avg. YW Ratio Manzano Legend U15 Manzano 5101 T131 Manzano EXT 176 Manzano M048 R101 Manzano Homer P77 Current SC 43.0 ACTUAL ADJUSTED RATIO Manzano 612X /04/ O C C X-panse 612X Manzano Homer 0145 Avg. BW Ratio 99 Avg. YW Ratio O C C Blackcap 872K Manzano 5101 U46 Papa Forte 1921 O C C Blackcap 787H Manzano M048 R101 Manzano Homer S51 Current SC Used on Manzano Angus Heifers ACTUAL ADJUSTED RATIO Manzano /17/ Manzano Jupiter 2047 Manzano Homer 1217 Avg. BW Ratio 89 Avg. WW Ratio 91 Avg. YW Ratio O C C Jupiter 671J 9176 Manzano Paxton 9126 Manzano 21X S33 Manzano Emblazon Current SC 44.0 ACTUAL ADJUSTED 526 RATIO Manzano /18/ MHR 923 Echelon608xP07 # of Calves Avg. BW Ratio Avg. YW Ratio MHR Echelon 608 Manzano Anchor P07 O C C Dixie Erica 946K B3R Dawn Manzano O C C Anchor 771A Manzano Blackcap Current SC 39.0 ACTUAL ADJUSTED RATIO Manzano /27/ Manzano Paxton 2001 Manzano Avg. BW Ratio 112 Avg. WW Ratio 108 Avg. YW Ratio 377 Manzano Rainmaker T07 Manzano 336 R121 B3R Dawn Basin Rainmaker 747L Manzano 212 R79 MG MZ Ext Manzano Emblazon Current SC 43.0 ACTUAL ADJUSTED 598 RATIO

9 16 Manzano Zebulon /19/ O C C Zebulon 619Z Manzano Miss Link 1181 Avg. BW Ratio 96 Avg. WW Ratio 101 Avg. YW Ratio O C C Blackcap 872K Papa Forte 1921 O C C Blackcap 787H O C C Dixie Erica 946K Manzano Homer P77 Manzano Current SC 43.0 ACTUAL 555 ADJUSTED 579 RATIO Manzano /27/ Manzano Paxton 2001 O C C Dixie Erica 314Y Avg. BW Ratio 99 Avg. WW Ratio 98 Avg. YW Ratio 376 O C C Picture Perfect 738P O C C Dixie Erica 903E B3R Dawn O C C Candor 763C O C C Dixie Erica 799B Current SC 43.0 ACTUAL ADJUSTED 543 RATIO Manzano /04/ O C C Jupiter 671J Manzano Jupiter Manzano 21X S33 Manzano Paxton 1018 Manzano Emblazon S11 Current SC 41.5 Avg. BW Ratio 103 Avg. WW Ratio 100 ACTUAL Avg. YW Ratio ADJUSTED RATIO Manzano /07/ Manzano Paxton 2003 B3R Dawn Manzano Manzano Enhancer G A R Enhancer 5365 T102 Manzano Beauty Current SC 44.0 Avg. BW Ratio 108 ACTUAL Avg. YW Ratio 100 ADJUSTED RATIO Manzano /12/ Manzano Homer 2132 O C C Blackbird 692Y Avg. BW Ratio 92 Avg. WW Ratio 99 Avg. YW Ratio 348 Manzano Paxton 0213 O C C Blackbird 712P Manzano Emblazon O C C Blackbird 824G Current SC 41.0 ACTUAL ADJUSTED 574 RATIO Manzano /21/ Manzano Jupiter 2047 Manzano Avg. BW Ratio 110 Avg. WW Ratio 107 Avg. YW Ratio O C C Jupiter 671J 9176 Manzano M048 R101 Manzano Homer P30 Manzano 21X S33 B3R M048 Cafd 0125 Manzano Emblazon Manzano Ext Current SC 43.0 ACTUAL ADJUSTED 557 RATIO Manzano Angus 9

10 Yearlings 22 Manzano /03/ # of Calves 5 Avg. BW Ratio 104 Avg. WW Ratio 102 Avg. YW Ratio O C C Dixie Erica 946K Manzano G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano Homer /13/ Manzano Prestige 3558 Avg. BW Ratio 95 Avg. YW Ratio 99 O C C Prestige 672P Manzano Basin Rainmaker 654X Manzano Rainmaker T07 Manzano Echelon U77 ACTUAL ADJUSTED RATIO Manzano Linebred /13/ O C C Linebred 661L Manzano Prestige 3459 Avg. BW Ratio 103 Avg. WW Ratio 90 Avg. YW Ratio 95 O C C Dixie Erica 686J O C C Prestige 672P Manzano Anchor P47 O C C Anchor 771A Manzano Dawn ACTUAL ADJUSTED RATIO Manzano /14/ Manzano Homer 3532 Avg. BW Ratio 103 Avg. WW Ratio 96 Avg. YW Ratio 102 Manzano Manzano Manzano Ext T86 ACTUAL ADJUSTED RATIO Manzano /15/ Manzano Jupiter 2012 Avg. BW Ratio 103 Avg. WW Ratio 107 Avg. YW Ratio O C C Jupiter 671J ACTUAL ADJUSTED RATIO Manzano Linebred /16/ O C C Linebred 661L Sinclair Lady Ida 3RO21 Avg. BW Ratio 107 Avg. WW Ratio 107 Avg. YW Ratio 104 O C C Dixie Erica 686J Sinclair Original 8R104 Sinclair Lady Ida 9XT21 7V19 R R Rito 707 N Bar Kinochtry Beauty Z1925 Sinclair Extra 4X13 Sinclair Lady Ida 7V19 04F3 ACTUAL ADJUSTED RATIO

28 Manzano 1172 5118 18295429 02/16/15 16-3.4 37 15 66 0.65 12 0.77 0.16 33.15 49.91 46.04 Sinclair Heiress 3RM5 1IB7 Avg. BW Ratio 95 Avg. WW Ratio 96 Avg.

11 28 Manzano /16/ Sinclair Heiress 3RM5 1IB7 Avg. BW Ratio 95 Avg. WW Ratio 96 Avg. YW Ratio 101 Sinclair Pioneer 1RF1 Sinclair Heiress 1IB7 8PS7 PBC 707 1M F0203 N Bar Miss Emulous A404 Sinclair Emulate 7XT28 Sinclair Hieress 8PS7 4H16 ACTUAL ADJUSTED RATIO Manzano Cedar Ridge /20/ Cole Creek Cedar Ridge Cole Creek Black Cedar 46P C H Quantum 6247 Cole Creek Clova Juanada 67 1V Cole Creek Clovanada 49S HBR Encore 0544 Cole Creek Clovanada 709 Manzano PT N Bar Prime Time D806 Gardens Prime Time N Bar Miss Emulous A404 Manzano O C C Anchor 771A Manzano Dawn Avg. BW Ratio 96 Avg. WW Ratio 101 ACTUAL Avg. YW Ratio 99 ADJUSTED RATIO Manzano Paxton /20/ Manzano Echelon R07 # of Calves 9 Avg. BW Ratio 98 Avg. WW Ratio 99 Avg. YW Ratio Manzano PT Basin Rainmaker 654X O C C Great Plains 943G O C C Blackbird 824G N Bar Prime Time D806 Manzano ACTUAL ADJUSTED RATIO Manzano /20/ Manzano Echelon Avg. BW Ratio 96 Avg. WW Ratio 100 Avg. YW Ratio Manzano G A R 6807 Traveler 2224 ACTUAL ADJUSTED RATIO Manzano Realist /21/ O C C Realist 641R Manzano Paxton 2024 Avg. BW Ratio 110 Avg. WW Ratio 95 Avg. YW Ratio Manzano Enhancer Basin Rainmaker 654X G A R Enhancer 5365 Manano Dawn ACTUAL ADJUSTED RATIO Manzano Angus 11

12 Yearlings 33 Manzano Jupiter /21/ O C C Jupiter 671J Manzano Avg. BW Ratio 95 Avg. WW Ratio 97 Avg. YW Ratio Manzano Rainmaker T07 Manzano Homer R14 Basin Rainmaker 747L Manzano 212 R79 Manzano Echelon ACTUAL ADJUSTED RATIO Manzano Jet Stream /24/ Manzano Paxton 2008 Avg. BW Ratio 104 Avg. WW Ratio 98 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano /23/ Sinclair K Bty 3TL33 1TX16 Avg. BW Ratio 101 Avg. WW Ratio 112 Avg. YW Ratio 99 Sinclair Timeless 8BA4 Sinclair K Bty 1TX16 8RL13 Sinclair IN Time 6BT39 Sinclair Blackbird 2P Sinclair XX 8X28 Sinclair K Bty 8RL13 6E7 ACTUAL ADJUSTED RATIO Manzano Jet Stream /23/ Manzano Echelon U77 # of Calves 5 Avg. BW Ratio 98 Avg. WW Ratio 94 Avg. YW Ratio Manzano Emulation N Bar 5522 B 3 R 500 Dawn 1765 ACTUAL ADJUSTED RATIO /23/ Manzano Paxton 9126 # of Calves 5 Avg. BW Ratio 104 Avg. WW Ratio 100 Avg. YW Ratio O C C Dixie Erica 946K Manzano Emblazon O C C Juanada 858F O C C Glory 950G Manzano Az Ext 9507 ACTUAL ADJUSTED RATIO Manzano Realist /22/ O C C Realist 641R Manzano Paxton 2028 Avg. BW Ratio 98 Avg. WW Ratio 98 Avg. YW Ratio Manzano Basin Rainmaker 654X Manzano Echelon T89 Manzano Homer R03 ACTUAL ADJUSTED RATIO

39 Manzano 0176 5139 18295440 02/24/15 13-1.0 44 16 68 0.35 8 0.44 0.73 20.24 49.42 73.36 Manzano N011 2048 Avg. BW Ratio 105 Avg. WW Ratio 103 Avg.

0 RATIO 101 97 96 40 Manzano 3423 5142 18295441 02/25/15 10-0.8 39 12 70 0.08 7 0.67 0.52 27.84 36.90 55.

13 39 Manzano /24/ Manzano N Avg. BW Ratio 105 Avg. WW Ratio 103 Avg. YW Ratio B3R N Electra 1142 Manzano B3R Elector 4013 B3R Queen 8174 Manzano M048 R101 Manzano Emblazon P97 ACTUAL ADJUSTED RATIO Manzano /25/ Manzano O C C Linebred 661L Manzano Linebred 1200 Manzano PT Manzano Manzano Paxton 0098 Manzano 212 T94 Avg. BW Ratio 109 Avg. WW Ratio 103 ACTUAL Avg. YW Ratio 102 ADJUSTED RATIO Manzano /25/ Manzano # of Calves 5 Avg. BW Ratio 105 Avg. WW Ratio 106 Avg. YW Ratio Manzano M048 R101 Manzano Emblazon P97 B3R M048 Cafd 0125 Manzano Emblazon Manzano ACTUAL ADJUSTED RATIO Manzano Paxton /26/ Basin Rainmaker 654X O C C Great Plains 943G O C C Blackbird 824G Manzano Miss Link O C C Dixie Erica 946K 2023 Manzano Homer P77 Manzano Avg. BW Ratio 101 Avg. WW Ratio 91 ACTUAL Avg. YW Ratio 110 ADJUSTED RATIO Manzano Angus 13

14 Yearlings 43 Manzano Moderator /26/ O C C Moderator 825M Manzano Avg. BW Ratio 107 Avg. WW Ratio 109 Avg. YW Ratio O C C Dixie Erica 845K Manzano Paxton O C C Juanada 858F O C C Dixie Erica 960H Manzano EXT 176 ACTUAL ADJUSTED RATIO Manzano /28/ Manzano Paxton 1205 Manzano Jupiter 2005 Avg. BW Ratio 96 Avg. WW Ratio 98 Avg. YW Ratio O C C Jupiter 671J ACTUAL ADJUSTED RATIO Manzano /05/ Manzano O C C Linebred 661L Manzano Linebred 1200 Manzano PT O C C Prestige 672P Manzano Prestige 3440 Manzano Rainmaker Basin Rainmaker 747L 923 Manzano 212 R79 Avg. BW Ratio 101 Avg. WW Ratio 99 ACTUAL Avg. YW Ratio 103 ADJUSTED RATIO Manzano /05/ Manzano PT N Bar Prime Time D806 Gardens Prime Time N Bar Miss Emulous A404 Manzano G D A R Traveler 044 Manzano Beauty Avg. BW Ratio 98 Avg. WW Ratio 103 ACTUAL Avg. YW Ratio 102 ADJUSTED RATIO Manzano 612X /06/ O C C X-panse 612X Manzano Avg. BW Ratio 92 Avg. WW Ratio 96 Avg. YW Ratio 98 O C C Blackcap 872K Manzano Paxton 1205 Manzano Echelon U87 Papa Forte 1921 O C C Blackcap 787H ACTUAL ADJUSTED RATIO Manzano /12/ Manzano O C C Linebred 661L Manzano Linebred 1200 Manzano PT Manzano Prestige 3451 O C C Prestige 672P Avg. BW Ratio 93 Avg. WW Ratio 106 ACTUAL Avg. YW Ratio 102 ADJUSTED RATIO

49 Manzano 3564 5164 18295450 03/12/15 9-1.7 29 18 51 0.62 4 0.35 0.62 20.76 29.63 53.10 Manzano 0176 3564 Manzano Rainmaker U50 # of Calves 6 Avg. BW Ratio 104 Avg. WW Ratio 96 Avg.

0 RATIO 103 97 100 49 50 Manzano 3564 5165 18295451 03/13/15 3 0.4 38 22 57 1.07 1 0.25 0.57 17.83 50.17 53.02 Manzano 0176 3564 Manzano 5101 U79 Avg. BW Ratio 111 Avg. WW Ratio 111 Avg.

15 49 Manzano /12/ Manzano Manzano Rainmaker U50 # of Calves 6 Avg. BW Ratio 104 Avg. WW Ratio 96 Avg. YW Ratio Basin Rainmaker 747L Manzano Homer S88 Manzano Diamond Rainmaker 154E Basin Joy 912C Manzano Emblazon P60 ACTUAL ADJUSTED RATIO Manzano /13/ Manzano Manzano 5101 U79 Avg. BW Ratio 111 Avg. WW Ratio 111 Avg. YW Ratio Manzano M048 R101 Manzano Emblazon P61 Manzano B3R M048 Cafd 0125 Manzano Emblazon Manzano EXT 176 ACTUAL ADJUSTED RATIO Manzano /14/ Manzano Paxton 1205 Manzano Max R19 # of Calves 9 Avg. BW Ratio 102 Avg. WW Ratio 108 Avg. YW Ratio Basin Max 602C Manzano G T Maximum Basin Eline Erica 315U G A R Enhancer 5365 Manzano Elise 956 ACTUAL ADJUSTED RATIO Manzano Angus 15

Yearlings 52 Manzano 3564 5170 18295453 03/16/15 13-3.0 31 16 53 0.54 8 0.58 0.63 23.22 31.84 79.70 Manzano 0176 3564 Manzano 5101 9169 # of Calves 5 Avg. BW Ratio 101 Avg. WW Ratio 97 Avg.

6 RATIO 101 98 95 52 53 Manzano 1205 5174 18295454 03/20/15 5 0.2 39 15 68-0.13 7 0.43 0.24 26.65 42.28 43.

16 Yearlings 52 Manzano /16/ Manzano Manzano # of Calves 5 Avg. BW Ratio 101 Avg. WW Ratio 97 Avg. YW Ratio Manzano M048 R101 Manzano Homer P30 Manzano B3R M048 Cafd 0125 Manzano Emblazon Manzano Ext ACTUAL ADJUSTED RATIO Manzano /20/ Manzano Paxton 1205 Paramont Ambush 2172 G A R Enhancer 5365 Manzano Enhancer G A R 5522 Emulation Manano Dawn B 3 R 500 Dawn Avg. BW Ratio 105 ACTUAL Avg. YW Ratio 105 ADJUSTED RATIO Dam of Lot 53 & Maternal Granddam of 1205 and Manzano Jet Stream /22/ Manzano Legend 919 # of Calves 5 Avg. BW Ratio 107 Avg. WW Ratio 107 Avg. YW Ratio Manzano 5101 T112 O C C Blackbird 632J Manzano M048 R101 Manzano Barb 936 ACTUAL ADJUSTED RATIO

17 55 Manzano /05/ Manzano Manzano Paxton 904 # of Calves 5 Avg. BW Ratio 105 Avg. WW Ratio 101 Avg. YW Ratio Manzano Emblazon ACTUAL ADJUSTED 631 RATIO Manzano Manzano Az Ext Manzano /25/ Manzano Paxton 1205 Manzano Avg. BW Ratio 101 Avg. WW Ratio 101 Avg. YW Ratio Manzano Legend U15 Manzano 5101 T75 Manzano EXT 176 Manzano M048 R101 Manzano Carmen ACTUAL ADJUSTED RATIO Manzano /30/ Sitz Traveler 8180 S A V Final Answer 0035 Manzano Final Answer S A V Emulous Manzano Anchor O C C Anchor 771A Manzano Dawn Avg. BW Ratio 94 Avg. WW Ratio 98 ACTUAL Avg. YW Ratio 93 ADJUSTED RATIO Manzano Moderator /30/ O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio O C C Dixie Erica 845K Manzano O C C Juanada 858F O C C Dixie Erica 960H G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano Moderator /01/ O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio O C C Dixie Erica 845K Manzano O C C Juanada 858F O C C Dixie Erica 960H G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano /01/ Manzano Avg. BW Ratio 98 Avg. WW Ratio 98 Avg. YW Ratio Manzano Rainmaker T07 Manzano Legend U38 Basin Rainmaker 747L Manzano 212 R79 Manzano Enhancer ACTUAL ADJUSTED RATIO Manzano Angus 17

Yearlings 62 Manzano Moderator 5517 18293509 02/01/15 13-1.7 33 18 63 0.09 11-0.07 0.66 20.56 36.64 49.76 O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg.

18 Yearlings 62 Manzano Moderator /01/ O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio O C C Dixie Erica 845K Manzano O C C Juanada 858F O C C Dixie Erica 960H G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano Mitchell /01/ O C C Mitchell 831M Manzano 5101 T75 # of Calves 7 Avg. BW Ratio 97 Avg. WW Ratio 98 Avg. YW Ratio O C C Hunter 928H O C C Erica Lassie 839J Manzano M048 R101 Manzano Carmen O C C Dixie Erica 960E O C C Erica Lassie 928F B3R M048 Cafd 0125 Manzano Emblazon B3R 700 Carmen 1896 ACTUAL ADJUSTED RATIO Manzano Moderator /01/ O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio O C C Dixie Erica 845K Manzano O C C Juanada 858F O C C Dixie Erica 960H G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano /02/ Manzano Avg. BW Ratio 100 Avg. WW Ratio 101 Avg. YW Ratio Manzano M048 R101 Manzano B3R M048 Cafd 0125 Manzano Emblazon G A R Traveler 1489 Manzano Emma ACTUAL ADJUSTED RATIO Manzano /02/ Sitz Traveler 8180 S A V Final Answer 0035 Manzano Final Answer S A V Emulous Manzano Homer R14 Manzano Echelon Avg. BW Ratio 101 Avg. WW Ratio 105 ACTUAL Avg. YW Ratio 108 ADJUSTED RATIO

19 67 Manzano Paxton /03/ Basin Rainmaker 654X O C C Great Plains 943G O C C Blackbird 824G Manzano Manzano M048 R101 B3R M048 Cafd 0125 Manzano Emblazon Manzano Emblazon R88 Manzano FL Miss Avg. BW Ratio 100 Avg. WW Ratio 95 ACTUAL Avg. YW Ratio 98 ADJUSTED RATIO Manzano Linebred /03/ O C C Linebred 661L O C C Dixie Erica 686J Manzano Rainmaker Basin Rainmaker 747L Manzano T07 Manzano 212 R79 Manzano Echelon 7149 Manzano FL Avg. BW Ratio 97 Avg. WW Ratio 94 ACTUAL Avg. YW Ratio 97 ADJUSTED RATIO Manzano /03/ O C C Dixie Erica 946K 0073 Manzano Homer T14 Manzano Emblazon R43 Avg. BW Ratio 105 Avg. WW Ratio 99 ACTUAL Avg. YW Ratio 97 ADJUSTED RATIO Manzano /04/ Manzano Echelon 7142 # of Calves 6 Avg. BW Ratio 103 Avg. WW Ratio 98 Avg. YW Ratio Manzano FL Emulation N Bar 5522 Flint Miss 906 F570 ACTUAL ADJUSTED RATIO Manzano Angus 19

Yearlings 71 Manzano Moderator 5537 18293518 02/05/15 13-2.1 27 14 51 0.67 11 0.05 0.58 30.60 25.62 39.25 O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg.

4 RATIO 84 92 89 7111 Dam of Lot 58, 60, 62, 64, 71, 72, 147 & 150 72 Manzano Moderator 5538 18293519 02/05/15 11-0.4 41 20 66 0.58 10 0.21 0.67 14.12 47.80 68.

20 Yearlings 71 Manzano Moderator /05/ O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio O C C Dixie Erica 845K Manzano O C C Juanada 858F O C C Dixie Erica 960H G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Dam of Lot 58, 60, 62, 64, 71, 72, 147 & Manzano Moderator /05/ O C C Moderator 825M Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio O C C Dixie Erica 845K Manzano O C C Juanada 858F O C C Dixie Erica 960H G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano Jet Stream /05/ Manzano Avg. BW Ratio 105 Avg. WW Ratio 96 Avg. YW Ratio Manzano Echelon R44 Manzano Hunter R06 Manzano FL O C C Hunter 928H Manzano Emblazon ACTUAL ADJUSTED RATIO Manzano /05/ O C C Dixie Erica 946K 9105 Manzano Enhancer G A R Enhancer 5365 Manano Dawn # of Calves 5 Avg. BW Ratio 107 Avg. WW Ratio 105 ACTUAL Avg. YW Ratio 103 ADJUSTED RATIO

75 Manzano Jet Stream 5541 18293522 02/05/15 6 0.9 48 14 74 0.59 3-0.18 0.54 22.21 49.87 45.99 Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg.

21 75 Manzano Jet Stream /05/ Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano Jet Stream /05/ Manzano Rainmaker 923 # of Calves 5 Avg. BW Ratio 94 Avg. WW Ratio 102 Avg. YW Ratio Basin Rainmaker 747L Manzano 212 R79 Diamond Rainmaker 154E Basin Joy 912C Manzano Emblazon 212 Manzano ACTUAL ADJUSTED RATIO Manzano Jet Stream /06/ Manzano Avg. BW Ratio 106 Avg. YW Ratio Manzano Rainmaker T07 Manzano Echelon U77 Basin Rainmaker 747L Manzano 212 R79 Manzano ACTUAL ADJUSTED RATIO Manzano Jet Stream /07/ Manzano Paxton 0190 Avg. BW Ratio 105 Avg. WW Ratio 101 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Dam of Lot 77 Manzano Angus 21

Yearlings 79 Manzano Jet Stream 5555 18293527 02/07/15 9 0.1 48 17 78 0.47 6 0.09 0.71 16.60 53.81 59.26 Manzano Paxton 9113 Avg. BW Ratio 98 Avg. WW Ratio 105 Avg.

74 4 0.37 0.61 28.70 48.57 71.69 Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg. YW Ratio 105 368 B3R Dawn 31160 ACTUAL 76 675 1040 35 ADJUSTED 623 1058 35.

22 Yearlings 79 Manzano Jet Stream /07/ Manzano Paxton 9113 Avg. BW Ratio 98 Avg. WW Ratio 105 Avg. YW Ratio Manzano Emblazon Manzano FL Miss ACTUAL ADJUSTED RATIO Manzano Jet Stream /07/ Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano Paxton /08/ Manzano Avg. BW Ratio 98 Avg. WW Ratio 112 Avg. YW Ratio Manzano Legend U15 Manzano Legend T15 Basin Rainmaker 654X O C C Great Plains 943G O C C Blackbird 824G Manzano EXT 176 Manzano Homer R03 ACTUAL ADJUSTED RATIO Manzano /08/ Manzano Wave 1039 Avg. BW Ratio 99 Avg. WW Ratio 106 Avg. YW Ratio Gardens Wave Manzano Eureka R70 Gardens Highmark Green Garden Lady 6255 S2 Manzano TR Ext 9513 ACTUAL ADJUSTED RATIO Lot 81 as calf with Dam

83 Manzano Jet Stream 5568 18293532 02/08/15 11-1.5 36 11 59 0.64 7 0.46 0.66 37.54 39.60 52.89 Manzano Paxton 0082 Avg. BW Ratio 98 Avg. WW Ratio 99 Avg.

23 83 Manzano Jet Stream /08/ Manzano Paxton 0082 Avg. BW Ratio 98 Avg. WW Ratio 99 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano Work of Art /08/ O C C Work of Art 766W O C C Great Plains 943G O C C Dixie Erica 662J Manzano Manzano Final Answer S A V Final Answer Manzano Anchor P01 Avg. BW Ratio 101 ACTUAL Avg. YW Ratio 96 ADJUSTED RATIO Manzano /09/ Manzano Paxton 1062 Avg. BW Ratio 99 Avg. WW Ratio 97 Avg. YW Ratio Manzano Homer T25 Manzano Legend R68 ACTUAL ADJUSTED RATIO Manzano Paxton /09/ Basin Rainmaker 654X O C C Great Plains 943G O C C Blackbird 824G Manzano Manzano Rainmaker Basin Rainmaker 747L T24 Manzano 336 R121 Avg. BW Ratio 108 Avg. WW Ratio 107 ACTUAL Avg. YW Ratio 102 ADJUSTED RATIO Manzano Jet Stream /10/ Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano Angus 23

24 Yearlings 88 Manzano Jet Stream /10/ Manzano Avg. BW Ratio 105 Avg. WW Ratio 114 Avg. YW Ratio Manzano Legend U15 Manzano Max R19 Manzano EXT 176 Basin Max 602C Manzano ACTUAL ADJUSTED RATIO Manzano /11/ Manzano Moderator 3523 Avg. BW Ratio 100 Avg. WW Ratio 99 Avg. YW Ratio 100 O C C Moderator 825M Manzano Homer 1031 O C C Dixie Erica 845K Manzano ACTUAL ADJUSTED RATIO Manzano /12/ Manzano Avg. BW Ratio 94 Avg. WW Ratio 103 Avg. YW Ratio 104 Manzano Manzano M048 R101 Manzano Homer R03 ACTUAL ADJUSTED RATIO Manzano Moderator /11/ O C C Moderator 825M Manzano Avg. BW Ratio 100 Avg. WW Ratio 99 Avg. YW Ratio O C C Dixie Erica 845K 979 Manzano Legend T34 O C C Juanada 858F O C C Dixie Erica 960H Manzano 8082 P25 ACTUAL ADJUSTED RATIO Manzano /12/ Manzano Practical 3522 O C C Practical 841P Manzano Linebred 1051 O C C Linebred 661L Manzano Avg. BW Ratio 95 Avg. WW Ratio 109 ACTUAL Avg. YW Ratio 112 ADJUSTED RATIO

93 Manzano Jet Stream 5587 18293543 02/13/15 0 2.3 53 12 81 0.75 0 0.23 0.52 23.29 50.25 65.82 Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg.

25 93 Manzano Jet Stream /13/ Manzano Emblazon S11 # of Calves 8 Avg. BW Ratio 100 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano /13/ Manzano Cedar Ridge 3521 Avg. BW Ratio 101 Avg. WW Ratio 118 Avg. YW Ratio 117 Cole Creek Cedar Ridge 1V Manzano Paxton 1005 Cole Creek Black Cedar 46P Cole Creek Clovanada 49S Manzano Legend S64 ACTUAL ADJUSTED RATIO Manzano /14/ Manzano Avg. BW Ratio 97 Avg. WW Ratio 95 Avg. YW Ratio Manzano Echelon T89 Manzano PT N Bar Prime Time D806 Manzano ACTUAL ADJUSTED RATIO Manzano Great Plains /13/ Sitz Greatplains 9520 O C C Great Plains 943G Sitz Pride 3038 Sitz Traveler 9929 Sitz Pride 368 Manzano Manzano Emblazon Manzano Miss 939 Avg. BW Ratio 113 Avg. WW Ratio 112 ACTUAL Avg. YW Ratio 108 ADJUSTED RATIO Manzano Linebred /15/ O C C Linebred 661L Manzano Practical 3557 Avg. BW Ratio 100 Avg. WW Ratio 98 Avg. YW Ratio 94 O C C Dixie Erica 686J O C C Practical 841P Manzano Paxton 0005 Manzano Anchor P47 ACTUAL ADJUSTED RATIO Manzano Angus 25

26 Yearlings 98 Manzano Homer /15/ Manzano Avg. BW Ratio 103 Avg. WW Ratio 113 Avg. YW Ratio 108 Manzano Paxton 1205 Manzano Basin Rainmaker 654X Manzano Echelon T89 Manzano ACTUAL ADJUSTED RATIO Manzano Paxton /15/ Manzano Sensabull 3560 Avg. BW Ratio 103 Avg. WW Ratio 109 Avg. YW Ratio 106 O C C Sensabull 747S Manzano Basin Rainmaker 654X O C C Great Plains 943G O C C Blackbird 824G O C C Linebred 661L O C C Blackcap 944N Manzano Echelon T89 Manzano PT ACTUAL ADJUSTED RATIO Manzano Work of Art /15/ O C C Work of Art 766W Manzano Avg. BW Ratio 99 Avg. WW Ratio 106 Avg. YW Ratio 106 O C C Great Plains 943G O C C Dixie Erica 662J 979 Manzano Paxton 0100 Manzano Ext T86 ACTUAL ADJUSTED RATIO Manzano /15/ Manzano Avg. BW Ratio 95 Avg. WW Ratio 106 Avg. YW Ratio Manzano Manzano Rainmaker T07 Manzano 5101 U92 ACTUAL ADJUSTED RATIO Manzano Work of Art /16/ O C C Work of Art 766W Manzano Avg. BW Ratio 104 Avg. WW Ratio 99 Avg. YW Ratio 97 O C C Great Plains 943G O C C Dixie Erica 662J Manzano Manzano Legend U15 Manzano 5101 T75 ACTUAL ADJUSTED RATIO Manzano /16/ Manzano Ten 3535 Avg. BW Ratio 96 Avg. WW Ratio 95 Avg. YW Ratio 96 B3R Tender Ten R065 Manzano Paxton 1057 B3R 0004 Electra B3R N Blackbird 203 Manzano Legend U20 ACTUAL ADJUSTED RATIO

27 104 Manzano Jet Stream /15/ Manzano Paxton 909 Avg. BW Ratio 110 Avg. WW Ratio 100 Avg. YW Ratio Manzano Emblazon Manzano Az Ext 9507 ACTUAL ADJUSTED RATIO Manzano /15/ Manzano Paxton 1205 Manzano Echelon T73 # of Calves 7 Avg. BW Ratio 107 Avg. WW Ratio 100 Avg. YW Ratio Manzano EXT 176 B3R Dawn ACTUAL ADJUSTED RATIO Manzano /15/ Manzano Avg. BW Ratio 101 Avg. WW Ratio 96 Avg. YW Ratio Manzano Paxton 0196 Manzano Homer 0042 Manzano 5101 U167 ACTUAL ADJUSTED RATIO Manzano /17/ Manzano Homer 2083 Avg. BW Ratio 101 Avg. WW Ratio 105 Avg. YW Ratio Manzano Legend 0136 Manzano King U22 ACTUAL ADJUSTED RATIO Manzano Linebred /17/ O C C Linebred 661L Manzano Avg. BW Ratio 92 Avg. WW Ratio 97 Avg. YW Ratio 104 O C C Dixie Erica 686J 979 Manzano Manzano Rainmaker T07 Manzano Legend U38 ACTUAL ADJUSTED RATIO Manzano Linebred /18/ O C C Linebred 661L Manzano Avg. BW Ratio 86 Avg. WW Ratio 97 Avg. YW Ratio 102 O C C Dixie Erica 686J Manzano Manzano Rainmaker T07 Manzano Max R38 ACTUAL ADJUSTED RATIO Manzano Angus 27

28 Yearlings 110 Manzano 612X /19/ O C C X-panse 612X Manzano Avg. BW Ratio 97 Avg. YW Ratio 99 O C C Blackcap 872K Manzano Homer 0050 Papa Forte 1921 O C C Blackcap 787H Manzano Rainmaker U35 ACTUAL ADJUSTED RATIO Manzano /20/ Gardens Prime Time N Bar Prime Time D806 N Bar Miss Emulous A404 Manzano D Manzano Emblazon T111 Manzano Avg. BW Ratio 101 Avg. WW Ratio 105 ACTUAL Avg. YW Ratio 106 ADJUSTED RATIO Manzano /23/ O C C Dixie Erica 946K 0015 Manzano Homer P90 Manzano Emblazon Avg. BW Ratio 108 ACTUAL Avg. YW Ratio 103 ADJUSTED RATIO Manzano /24/ Manzano Homer 2109 Avg. BW Ratio 101 Avg. WW Ratio 96 Avg. YW Ratio Manzano Paxton 0219 ACTUAL ADJUSTED RATIO Manzano /25/ Manzano 612X 2142 Avg. BW Ratio 102 Avg. WW Ratio 102 Avg. YW Ratio O C C X-panse 612X Manzano Paxton 0193 O C C Blackcap 872K Manzano Emblazon R43 ACTUAL ADJUSTED RATIO Manzano /25/ Manzano Homer 2117 Avg. BW Ratio 104 Avg. WW Ratio 99 Avg. YW Ratio Manzano Manzano M048 R101 Manzano Legend S86 ACTUAL ADJUSTED RATIO

29 116 Manzano /26/ Manzano 612X 2169 Avg. BW Ratio 96 Avg. WW Ratio 105 Avg. YW Ratio O C C X-panse 612X Manzano Paxton 0190 O C C Blackcap 872K ACTUAL ADJUSTED RATIO Manzano /03/ Manzano Moderator 2120 Avg. BW Ratio 102 Avg. WW Ratio 103 Avg. YW Ratio O C C Moderator 825M Manzano O C C Dixie Erica 845K Manzano Rainmaker T07 Manzano King U110 ACTUAL ADJUSTED RATIO Manzano /02/ Manzano Paxton 0193 Manzano Emblazon R43 Manzano Avg. BW Ratio 95 Avg. WW Ratio 96 ACTUAL Avg. YW Ratio 93 ADJUSTED RATIO Manzano /08/ Manzano Avg. BW Ratio 108 Avg. YW Ratio Manzano Echelon R44 Manzano Rainmaker T27 Manzano FL Basin Rainmaker 747L Manzano Legend R77 ACTUAL ADJUSTED RATIO Manzano Zebulon /08/ O C C Zebulon 619Z Manzano Avg. BW Ratio 103 Avg. WW Ratio 97 Avg. YW Ratio O C C Blackcap 872K 0015 Papa Forte 1921 O C C Blackcap 787H Manzano Homer P90 ACTUAL ADJUSTED RATIO Manzano Angus 29

Yearlings 122 Manzano Zebulon 5657 18293580 03/12/15 9 0.9 39 16 59-0.05 7 0.35 0.48 34.38 51.59 37.14 O C C Zebulon 619Z Manzano 0176 2093 Avg. BW Ratio 101 Avg. WW Ratio 99 Avg.

6 RATIO 106 102 99 122 123 Manzano Zebulon 5658 18293581 03/13/15 5 1.2 40 19 65 0.57 4 0.18 0.70 24.81 51.35 63.69 O C C Zebulon 619Z Manzano 0176 2118 Avg. BW Ratio 108 Avg. WW Ratio 107 Avg.

30 Yearlings 122 Manzano Zebulon /12/ O C C Zebulon 619Z Manzano Avg. BW Ratio 101 Avg. WW Ratio 99 Avg. YW Ratio O C C Blackcap 872K Manzano Papa Forte 1921 O C C Blackcap 787H Manzano Echelon T89 Manzano 21X S104 ACTUAL ADJUSTED RATIO Manzano Zebulon /13/ O C C Zebulon 619Z Manzano Avg. BW Ratio 108 Avg. WW Ratio 107 Avg. YW Ratio O C C Blackcap 872K 983 Papa Forte 1921 O C C Blackcap 787H Manzano ACTUAL ADJUSTED RATIO Manzano /17/ Manzano Paxton 937 # of Calves 5 Avg. BW Ratio 97 Avg. WW Ratio 100 Avg. YW Ratio ACTUAL ADJUSTED RATIO Manzano /19/ Manzano Avg. BW Ratio 101 Avg. YW Ratio Manzano Echelon R44 Manzano Emblazon Manzano FL Manzano Miss 939 ACTUAL ADJUSTED RATIO

127 Manzano 1205 5701 18322643 01/31/15 13-1.0 38 19 68-0.07 7 0.34 0.45 25.94 52.64 20.52 Manzano Paxton 1205 Manzano Homer 0139 Avg. BW Ratio 102 Avg. WW Ratio 103 Avg.

31 127 Manzano /31/ Manzano Paxton 1205 Manzano Homer 0139 Avg. BW Ratio 102 Avg. WW Ratio 103 Avg. YW Ratio Manzano 5101 U79 Manzano M048 R101 Manzano Emblazon P61 ACTUAL ADJUSTED RATIO Manzano /10/ Manzano Avg. BW Ratio 105 Avg. YW Ratio Manzano Manzano Ext T86 Manzano Echelon T91 Manzano Manzano Emblazon P72 ACTUAL ADJUSTED RATIO Manzano /11/ Manzano Paxton 1205 Manzano Avg. BW Ratio 107 Avg. YW Ratio Manzano Echelon T89 Manzano 21X S49 D D A Fahren 21X Manzano Homer P30 ACTUAL ADJUSTED RATIO Manzano /11/ Manzano Avg. BW Ratio 98 Avg. WW Ratio 103 Avg. YW Ratio Manzano Echelon T89 Manzano Emblazon P28 K M Barb 185 ACTUAL ADJUSTED RATIO Manzano Angus 31

Yearlings 131 Manzano 1205 5707 18322647 02/12/15 8 1.1 43 17 77 0.58 3 0.39 0.62 19.56 46.19 52.67 Manzano Paxton 1205 Manzano Legend 0136 Avg. BW Ratio 100 Avg. WW Ratio 105 Avg.

32 Yearlings 131 Manzano /12/ Manzano Paxton 1205 Manzano Legend 0136 Avg. BW Ratio 100 Avg. WW Ratio 105 Avg. YW Ratio Manzano King U22 O C C Blackbird 632J F V 20K King 308M Manzano Emblazon ACTUAL ADJUSTED RATIO Manzano Homer /15/ Manzano Avg. BW Ratio 105 Avg. WW Ratio 100 Avg. YW Ratio Manzano Paxton 0190 Basin Rainmaker 654X ACTUAL ADJUSTED RATIO Manzano /17/ Manzano Ten 2026 Avg. BW Ratio 96 Avg. WW Ratio 109 Avg. YW Ratio B3R Tender Ten R065 Manzano Legend R67 B3R 0004 Electra B3R N Blackbird 203 ACTUAL ADJUSTED RATIO Manzano /17/ Manzano Paxton 1205 Manzano Jupiter 0192 Avg. BW Ratio 106 Avg. WW Ratio 98 Avg. YW Ratio O C C Jupiter 671J Manzano Homer P77 Manzano ACTUAL ADJUSTED RATIO

135 Manzano 1172 5713 18322651 02/19/15 10-1.0 41 21 76-0.19 6 0.76 0.35 12.92 50.27 51.64 Manzano Ten 2032 Avg. BW Ratio 109 Avg. WW Ratio 112 Avg.

33 135 Manzano /19/ Manzano Ten 2032 Avg. BW Ratio 109 Avg. WW Ratio 112 Avg. YW Ratio B3R Tender Ten R065 Manzano Hunter R06 B3R 0004 Electra B3R N Blackbird 203 O C C Hunter 928H Manzano Emblazon ACTUAL ADJUSTED RATIO Manzano /19/ Manzano Paxton 1205 Manzano Ten 2042 Avg. BW Ratio 105 Avg. WW Ratio 106 Avg. YW Ratio B3R Tender Ten R065 Manzano Legend 919 B3R 0004 Electra B3R N Blackbird 203 Manzano 5101 T112 ACTUAL ADJUSTED RATIO Manzano /06/ Manzano Avg. BW Ratio 90 Avg. WW Ratio 105 Avg. YW Ratio Manzano Manzano USPB T93 Manzano Echelon T91 Manzano G A R US Premium Beef Manzano Echelon ACTUAL ADJUSTED RATIO Manzano /09/ Gardens Prime Time N Bar Prime Time D806 N Bar Miss Emulous A404 Manzano D Manzano Emblazon P60 Manzano Az Dakota 9525 Avg. BW Ratio 99 Avg. WW Ratio 100 ACTUAL Avg. YW Ratio 101 ADJUSTED RATIO Manzano /17/ Manzano Paxton 1205 Manzano Echelon U87 Avg. BW Ratio 109 Avg. WW Ratio 106 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano Angus 33

Yearlings 141 Manzano 0176 5731 18330526 03/17/15 9-1.2 39 17 65 0.92 6 0.13 0.84 24.17 47.51 78.88 983 # of Calves 5 Avg. BW Ratio 104 Avg. WW Ratio 102 Avg.

34 Yearlings 141 Manzano /17/ # of Calves 5 Avg. BW Ratio 104 Avg. WW Ratio 102 Avg. YW Ratio O C C Dixie Erica 946K Manzano G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano /18/ Manzano Paxton 1205 Manzano Echelon U87 Avg. BW Ratio 109 Avg. WW Ratio 106 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano /18/ Manzano Paxton 1205 Manzano Echelon U87 Avg. BW Ratio 109 Avg. WW Ratio 106 Avg. YW Ratio B3R Dawn ACTUAL ADJUSTED RATIO Manzano Jet Stream /20/ Manzano Rainmaker 923 # of Calves 5 Avg. BW Ratio 94 Avg. WW Ratio 102 Avg. YW Ratio Basin Rainmaker 747L Manzano 212 R79 Diamond Rainmaker 154E Basin Joy 912C Manzano Emblazon 212 Manzano ACTUAL ADJUSTED RATIO

146 Manzano Jet Stream 5751 18322662 03/22/15 7 0.5 44 19 72 1.33 6 0.19 0.50 15.31 50.14 76.91 Manzano Rainmaker 923 # of Calves 5 Avg. BW Ratio 94 Avg. WW Ratio 102 Avg.

35 146 Manzano Jet Stream /22/ Manzano Rainmaker 923 # of Calves 5 Avg. BW Ratio 94 Avg. WW Ratio 102 Avg. YW Ratio Basin Rainmaker 747L Manzano 212 R79 Diamond Rainmaker 154E Basin Joy 912C Manzano Emblazon 212 Manzano ACTUAL ADJUSTED RATIO Manzano Realist /21/ O C C Realist 641R Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio Manzano Basin Rainmaker 654X G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Manzano Jet Stream /22/ Manzano Rainmaker 923 # of Calves 5 Avg. BW Ratio 94 Avg. WW Ratio 102 Avg. YW Ratio Basin Rainmaker 747L Manzano 212 R79 Diamond Rainmaker 154E Basin Joy 912C Manzano Emblazon 212 Manzano ACTUAL ADJUSTED RATIO Manzano /24/ O C C Dixie Erica 698Y Avg. BW Ratio 106 Avg. YW Ratio O C C Unanimous 637U O C C Dixie Erica 729W O C C Great Plains 943G O C C Pollyanna 944H O C C Mitchell 831M O C C Dixie Erica 617P ACTUAL ADJUSTED RATIO Manzano Realist /24/ O C C Realist 641R Manzano Emblazon T111 # of Calves 7 Avg. BW Ratio 94 Avg. YW Ratio Manzano Basin Rainmaker 654X G A R Enhancer 5365 N Bar Kinochtry Beauty 3532 ACTUAL ADJUSTED RATIO Full Sister to Lots 147 & 150 Manzano Angus 35

36 Yearlings 151 Manzano Jet Stream /25/ O C C Unanimous 637U O C C Dixie Erica 689Y O C C Dixie Erica 733W O C C Great Plains 943G O C C Pollyanna 944H N Bar Prime Time D806 O C C Dixie Erica 894M Avg. BW Ratio 100 Avg. WW Ratio 102 ACTUAL Avg. YW Ratio 104 ADJUSTED RATIO Manzano Jet Stream /27/ Manzano Rainmaker 923 # of Calves 5 Avg. BW Ratio 94 Avg. WW Ratio 102 Avg. YW Ratio Basin Rainmaker 747L Manzano 212 R79 Diamond Rainmaker 154E Basin Joy 912C Manzano Emblazon 212 Manzano ACTUAL ADJUSTED RATIO Manzano /27/ Manzano Avg. BW Ratio 99 Avg. WW Ratio 108 Avg. YW Ratio Manzano Manzano Rainmaker 950 Manzano Rainmaker T07 Manzano Homer R112 Basin Rainmaker 747L Manzano Emblazon 7X6 ACTUAL ADJUSTED RATIO Manzano Jet Stream /28/ Manzano Rainmaker Basin Rainmaker 747L Manzano T07 Manzano 212 R Manzano 21X S33 Avg. BW Ratio 97 Avg. WW Ratio 99 ACTUAL Avg. YW Ratio 95 ADJUSTED RATIO Manzano /29/ Manzano Avg. BW Ratio 95 Avg. WW Ratio 111 Avg. YW Ratio 108 Manzano Manzano Emblazon P50 Manzano Rainmaker T07 Manzano Echelon U87 Manzano ACTUAL ADJUSTED RATIO Manzano /31/ Manzano Avg. BW Ratio 100 Avg. YW Ratio Manzano M048 R101 Manzano 21X S104 B3R M048 Cafd 0125 Manzano Emblazon D D A Fahren 21X Manzano Emblazon ACTUAL ADJUSTED 625 RATIO

37 161 Manzano /06/ Manzano Paxton 1205 Manzano Homer 0050 Avg. BW Ratio 99 Avg. YW Ratio Manzano Rainmaker U35 Basin Rainmaker 747L Manzano Emblazon S11 ACTUAL ADJUSTED RATIO Manzano /15/ Manzano Miss Link 1034 O C C Dixie Erica 946K Manzano Hunter R95 O C C Hunter 928H Manzano Avg. BW Ratio 94 Avg. WW Ratio 97 ACTUAL Avg. YW Ratio 99 ADJUSTED RATIO Manzano /20/ Manzano Jupiter 0146 Avg. BW Ratio 92 Avg. WW Ratio 95 Avg. YW Ratio O C C Jupiter 671J Manzano PT N Bar Prime Time D806 Manzano ACTUAL ADJUSTED RATIO Manzano /02/ Manzano Avg. BW Ratio 97 Avg. WW Ratio 98 Avg. YW Ratio ACTUAL ADJUSTED RATIO Manzano Zebulon /07/ O C C Zebulon 619Z Manzano Avg. BW Ratio 110 Avg. WW Ratio 101 Avg. YW Ratio O C C Blackcap 872K 979 Manzano 5101 U46 Papa Forte 1921 O C C Blackcap 787H Manzano M048 R101 Manzano Homer S51 ACTUAL ADJUSTED RATIO Manzano Angus 37

SMALL COWS provide HIGHER EFFICIENCY - Robert Waggener Small cows greatly outperformed large cows on a high-altitude rangeland ranch in Wyoming, once again driving home the point of matching cows to

38 SMALL COWS provide HIGHER EFFICIENCY - Robert Waggener Small cows greatly outperformed large cows on a high-altitude rangeland ranch in Wyoming, once again driving home the point of matching cows to their environment. A University of Wyoming (UW) study showed a herd of cows weighing 1,000 to 1,100 pounds would yield a 25 percent higher total calf-crop weight compared with a cow herd of 1,300- to 1,400-pound animals. Regardless of year or precipitation, the two smallest cow sizes always had significantly higher efficiency ratios than the two largest cow sizes, says UW Extension rangeland specialist Derek Scasta, who conducted the research with colleagues on a UWowned, 5,550-acre dryland ranch near Laramie, Wyo. Furthermore, Scasta emphasizes, only the smallest cow size weaned at least 50 percent of her body-weight each year. Like many ranches in the West, the study site is dominated by sagebrush and native cool-season grasses, among them western wheatgrass and needle and thread. The ranch s high altitude (7,200 feet) is also not that unusual in the Intermountain West, where many produces run cattle on deeded and public lands above 5,000 feet elevation. Scasta says this is the first study of its kind in Wyoming, but results support the work of similar research in more productive environments of the Midwest and Southeast, including that of David Lalman and colleagues at Oklahoma State University. of selecting growth bulls and retaining heifers. One heifer my dad purchased from granddad ended up weighting 1,600 pounds, and the whole cycle of cattle getting bigger played out for our family, he notes. Since then, dad has started paying close attention to cow size and aiming for smaller cows. Though Scasta says his team s research was specific to Wyoming, the general message is becoming much clearer for ranchers across the Great Plains and West: Consider keeping cows that are small to moderate in size and cows that are very efficient. Fortunately for the Wyoming researchers Mother Nature cooperated as the 2001 to 2014 study period tested the Angus-Gelbvieh cows under widely varying conditions, from exceptional drought to normal precipitation to one of the wettest years on record. Surprising to the research team, Scasta says, the largest cows weaned the largest calves during drought. These were some of the worst conditions in decades, and we thought the smaller cows would have weaned heavier calves, he notes. But in reviewing earlier research, scientists determined that larger cows consuming really low-quality forage may have a slight advantage when it comes to weaning weights because of their larger rumen. But building the ideal cow herd the herd that generates the most profits year in, year out is a longterm endeavor based on fluctuating weather and forge conditions, Scasta asserts. The results are also backed by what some ranchers are finding out for themselves, Scasta says. My grandfather in Texas, who was a very good ranch manager, ended up with very large cows over decades If you average out the driest and wettest years, there was actually no difference in weaning weights, but the efficiency of the smaller cows was always higher than the bigger cows regardless of conditions, he says. Excerpts from article in Drovers CattleNetwork December 2015 Cow Guide Used with permission from Greg Henderson, Editorial Director

502 CR B107 Estancia, NM 87016 RURN SERVICE REQUESTED Sale Day Directions Sale location is Southwest of Estancia, NM From Estancia, NM: - 6 miles

Sale Day Contacts Bill (505) 705-2856 Cole (575) 910-5952 Clayton (505) 934-8742 Lisa (505) 705-2855 From Willard, NM: - 2 miles west on highway

40 502 CR B107 Estancia, NM RURN SERVICE REQUESTED Sale Day Directions Sale location is Southwest of Estancia, NM From Estancia, NM: - 6 miles south on highway #41-5 miles west on highway #542 - then 1.75 miles south on B104. Sale Day Contacts Bill (505) Cole (575) Clayton (505) Lisa (505) From Willard, NM: - 2 miles west on highway #60-5 miles north on highway #41-5 miles west on highway #542 - then 1.75 miles south on B104. From Mountainair, NM: - 5 miles north on highway #55-10 miles North & East on on #542 - then 1.75 miles south on B104.

17th Annual Bull Sale Tuesday, March 19, pm Selling 100 Angus Bulls

17th Annual Bull Sale Tuesday, March 19, 2013-1pm Selling 100 Angus Bulls Bill, Lisa, Judd and Clayton Gardner 505.705.2856 or 505.384.5424 Cole, Megan and Cade Gardner 575.512.6237 Estancia, New Mexico