3 Ways of Marketing Cattle

Live auction, an electronic auction and direct buy are the three main marketing options for marketing cattle. When deciding which one would suit your needs best, you must decide what you value in the selling process. Consolidationg is useful to combine your lot with another person’s lot, providing both you and the other seller a premium price for your cattle and providing the buyer exactly what they want.

In this video Brenda Schoepp explains the advantages and disadvantages of the three ways of marketing cattle: direct buy, live auction, and electronic auction.

 

Selling Through a Direct Sale

When selling in a direct sale manner, be sure you provide accurate descriptions of the cattle you are selling, including their weight, frame shape, and how many there are. Make it clear on the date and times for viewing and when the bidding will close. Discuss with the buyer the pencil shrinkage and the price slides.the price slides.

 

Selling Through a Live Auction

Before selecting an auction mart to sell your cattle at, you should ask questions about how they run the auction, what the range of buyers are, and if there is feed, water and shelter available for the cattle.

 

Selling through an Electronic Auction

When selling in a direct sale manner, be sure you provide accurate descriptions of the cattle you are selling, including their weight, frame shape, and how many there are. Make it clear on the date and times for viewing and when the bidding will close. Discuss with the buyer the pencil shrinkage and the price slides.

Also check out this Live Demo of a cattle sale

 

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