Understanding the basics of selling an animal at any Southwest livestock auctions or anywhere else before you take your stock to one is definitely advised. You'll need to understand exactly how it works, what it may cost you, and the type of prices you may get on your stock.
Before heading out to the sale, it is recommended that you go and watch first. An auction style yard will enter the stock, then they're run through the sale or ring, and the bidding will start, at the end, when the auctioneer says 'sold' the item in the ring is sold.
Sold 'as is, where is'. Meaning the animal is now sold, and you know longer are responsible nor is the animal any longer yours. The sale is final, and whether you're happy with the price or not, it's a done deal.
You'll also have fees for selling them at the yard. This may include a percentage of the last price, it may include brand fees, veterinary fees, and even unloading or feed costs. So the last bid you heard will not be the amount of your check and you may get your check the day of the sale, or they may mail it to you later.
So before unloading make sure you know the terms of the yard. You'll find some places are less expensive than others. You may also need to know the prices on certain types of stock. You'll often find this information in the previous market report.
Taking your stock to a Southwest livestock auction is one way to sell any type of live stock. Just remember, when the hammer falls whether you're happy or not, the animal is sold. Know the yard fees, know the going market price, and sell with full knowledge of how an auction works. Read more about: southwest livestock
Before heading out to the sale, it is recommended that you go and watch first. An auction style yard will enter the stock, then they're run through the sale or ring, and the bidding will start, at the end, when the auctioneer says 'sold' the item in the ring is sold.
Sold 'as is, where is'. Meaning the animal is now sold, and you know longer are responsible nor is the animal any longer yours. The sale is final, and whether you're happy with the price or not, it's a done deal.
You'll also have fees for selling them at the yard. This may include a percentage of the last price, it may include brand fees, veterinary fees, and even unloading or feed costs. So the last bid you heard will not be the amount of your check and you may get your check the day of the sale, or they may mail it to you later.
So before unloading make sure you know the terms of the yard. You'll find some places are less expensive than others. You may also need to know the prices on certain types of stock. You'll often find this information in the previous market report.
Taking your stock to a Southwest livestock auction is one way to sell any type of live stock. Just remember, when the hammer falls whether you're happy or not, the animal is sold. Know the yard fees, know the going market price, and sell with full knowledge of how an auction works. Read more about: southwest livestock
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