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luck money

Discussion in 'Livestock & Forage' started by roscoe erf, Jun 9, 2013.

  1. Giles1
    Offline

    Giles1 Member

    Location:
    Central Scotland
    Going back a few years,a midlands mart,young pig farmer sold a batch,got backed into a corner by a dealer and told he certainly would pay luck money,and not just a nominal amount either.(No it wasn't me, avoid anything to do with pigs,except bacon)
  2. Giles1
    Offline

    Giles1 Member

    Location:
    Central Scotland
    How does it help the end price and are you sure you wouldn't get that price anyway?
  3. lim x
    Offline

    lim x Member

    Location:
    Nottinghamshire
    The buyer glances my way when my cattle come in the ring, i nod, he bids and gets them most times, i slip some folding in his pocket:sneaky:. I don't think he would bid so strong without it. Rightly or wrongly, its an age old tradition, and i want the best price possible.
  4. We never stay to see the calves sell and regularly get top of the mart. In fact we got five of the top six sellers, including the highest, at the last but one mart we sold at.

    Dealers will tend not to bid against each other aggressively, having come to an agreement beforehand or, if not, agree after the event as to who gets what and for how much. If it is made known that one dealer tends to buy your cattle then the other dealers will know when to stop and it will seem to you that your luck money works but in fact it is their understanding of each other that has worked.
    The best place to sell is in the Scottish Islands, where there always appears to be a good premium over England and Wales even despite the inevitable ferry and haulage cost to get them to where the final customers are. This has always puzzled me.
    For calves it is at marts where famers buy. Tregaron is a good one around these parts but is too much of a faff from here, so mine go to the most convenient which is maybe not quite the best for calves. Carmarthen is the biggest but 35 miles is nearly twice the distance to the one we use.
  5. chipsngravy
    Offline

    chipsngravy Member

    Location:
    cheshire
    Large calf buyer told my mate who rears for him he make £200/300 week in luck money.

    As Cowabunga said round here the the calf job is most corrupted, dealers have it all sorted before hand who wants how many of what. Also known if you want to buy some dont bid against them, they will run you up & up, just tell them what you want and they will buy for you and put £10 on per head :rolleyes:
  6. feck that sounds like a monopoly i have brought calves at mart without both luck money and being run up paid what i wanted and what was right.this is beginning to sound like bribe money not luck:(
    An Gof and multi power like this.
  7. rusty
    Offline

    rusty Member

    Location:
    Buxton Derbyshire
    I give luck on store cattle and the odd surplus dairy heifer we sell. No luck for barren cows or calves. I don't like the system and especially the calf ring in our local market. It's very difficult to understand what calves make, especially B&W bull calves.
  8. Robigus
    Offline

    Robigus Member

    Location:
    Sudbury, Suffolk
    Sold a really nice sprayer to some scoundrel the other day, no bloomin' luck with that!

    Used to see it a bit with sheep (haven't had any for 10 yrs), but much more in the west than around here.
    roscoe erf likes this.
  9. When buying suckled calves at Cutcombe I was always surprised to be given a few quid by the office clerk on behalf of the Auctioneers when I handed over my cheque. Luck money?
  10. Flossie
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    Flossie Member

    No that's a thankyou for paying on the day-I suppose it's a bit of luck back:)
  11. Bill the Bass
    Offline

    Bill the Bass Member

    Location:
    Cumbria
    £5 for fat cattle and stores, £10 for breeding outfits and £5-£10 per £1000 for breeding bulls + 6 months insurance. I like to give luck on breeding cattle so you can then at that point swap contact details and make sure the product they have bought gets settled and they are happy with it - I believe this is called customer care?

    I value my customers, I am sure that there is some theory in business that 80% of your trade comes from repeat buyers so why not look after them?

    I dont buy much stock, but generally find if I am buying bulls people want to give you luck for the same reasons above.

    I don't see it as dodgy, its no different than Nectar Points, Air miles or Cash Back deals that you get on many products in many other industries - only a little more primative in our case.
  12. Princess Pooper
    Offline

    Princess Pooper Member

    Location:
    East Mids
    I do recall doing the books for a cattle dealer 25-odd years ago when I worked in accountancy. Funny he never seemed to bank any luck money.:rolleyes: He used to draw out cash for luck money, so we used to allocate to drawings. ;)

    It's still common round here although we don't bother any more when selling. It means hanging around at market to see calves sold when there's plenty of work to be done at home.
  13. penntor
    Offline

    penntor Member

    Location:
    sw devon

    No, your Nectar points etc. are a thank you for giving the seller your details and all the data they then generate about who buys what.
    Never give or accept luck money, as father used to say they got their luck when they bought the animal, the price you bid is the price you pay.
    When you sell direct to slaughter do you send some of the money you get back to the buyer, don't think so.

    penntor
  14. An Gof
    Online

    An Gof Member

    Location:
    Cornwall
    Here Here!

    Common Sense prevails in the SW.
  15. Johnny400
    Online

    Johnny400 Member

    Location:
    Aberdeenshire
    I remember Dad and Granda back in the day with a handfull of fivers at each tup sale ready to give out. I was selling tups last year for dad, one guy(older man) came up and asked for i managed to find a couple of quid as i wasnt expecting. The next guy(young lad) came and i straight away said i had run out of luck and he wasnt even looking for! So maybe a generational thing?

    One suffolk ewe sale i was at years ago a noted breeder was giving out a bottle of whiskey per sheep!
  16. Bill the Bass
    Offline

    Bill the Bass Member

    Location:
    Cumbria
    I dont sell direct. If someone wants to buy they can bid for it and if they are going to stand all day on concrete in a freezing auction buying cattle they deserve a few quid.
  17. thats what they are buying the cattle for to make a few quid i did not see coal miners getting luck money and their conditions were a lot worse if you want to tip them thats fine but why should they expect it
  18. Bill the Bass
    Offline

    Bill the Bass Member

    Location:
    Cumbria
    Note to self - never buy anything from the SW!;)
  19. C.J
    Offline

    C.J Member

    Location:
    South Hams,Devon
    The cartel wouldn't let you:banghead:
    jade35 and Sleepy like this.

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