Auction v Deadweight

[Frank-the-Wool]

if stock are fit to kill they should go , and how much does it cost to reload and take them home again plus all that time in the market . how much do you value your time ?

I always put a reserve or will bid on my own stock if I don't believe they are making the correct price. The buyers know this and very seldom do I have to take stock home.
An old farmer/dealer told me that if you didn't take some home occasionally then you didn't make enough of the others!!

 

[Bury the Trash]

Now you mean do away with competition?

Supply and Demand sets the price .

further more in the bigger picture there is no place for competition (or shouldnt be ) in (modern ) food production

 

[Bury the Trash]

I always put a reserve or will bid on my own stock if I don't believe they are making the correct price. The buyers know this and very seldom do I have to take stock home.
An old farmer/dealer told me that if you didn't take some home occasionally then you didn't make enough of the others!!

i use a haulier for most apart from v small numbers i wouldn't want tp pay them for an all day job.

 

[Spade]

There’s no competition between abattoirs but there is at auctions.Abattoirs rely on auctions at the end of the day to determine prices re supply and demand.

 

[Mickstup]

Having been royally screwed over by abattoirs during F&M, I see no way I will ever trust the business model of the deadweight firms.

 

[Fendt516profi]

if stock are fit to kill they should go , and how much does it cost to reload and take them home again plus all that time in the market . how much do you value your time ?

Your there anyway for the social aspect and you've got to go back home yourself so it costs nothing to not sell them

 

[thorpe]

Like to buy stores in auction and sell beef dead

hard job buying stores on the dead!

 

[Fendt516profi]

Hard job buying a load of stores anywhere but a auction

 

[Gedd]

I would prefer to use the auction all the time. But being in a TB1 area makes that difficult with cattle.

Selling significant numbers of stock deadweight to local outlets does mean that we always have a good idea of the value of stock which is the key to selling both live and dead.
At least in the auction you can take them home.

Not at most fat marts up here they run on the red slaughter market rule got to be sold and to fair its not very often the buyers take the pee

 

[J 1177]

Having been royally screwed over by abattoirs during F&M, I see no way I will ever trust the business model of the deadweight firms.

This, this, 1000 times this.

 

[Frank-the-Wool]

Not at most fat marts up here they run on the red slaughter market rule got to be sold and to fair its not very often the buyers take the pee

Only 2 markets left down here!! Normally only one day we week each.
No large abattoirs.
A lot of stores sold on the same day as fat so there would never be a red market down here.

 

[J 1177]

During the height of the pandemic, keeping the marts open was vital.
They kept the show on the road.

 

[Spade]

I know that lambs lose 3kg between home and most live auction centres... I also hear plenty of moans about liveweight buyers buying on about eight accounts each in market, and a good lot of their lamb purchases go to the same abattoirs that we can all sell direct to, and at the same ppkg/dw.
But when stock is plentiful I'm fairly certain that auctions help keep deadweight honest.

Fair point about buyers having more than one number….it cuts down competition! Giving wholesale buyers an edge

 

[deere 6600]

This, this, 1000 times this.

Totally

 

[Tim W]

When I see these threads the only question I have is "popcorn or beer"
And the obvious answer is both

 

[Spade]

When I see these threads the only question I have is "popcorn or beer"
And the obvious answer is both

When you go to the pub do you always eat popcorn

 

[bobk]

A little bit of both , keeps them on their toes

 

[toquark]

if stock are fit to kill they should go , and how much does it cost to reload and take them home again plus all that time in the market . how much do you value your time ?

You don’t have to take them home, but the auctioneers need to know that you have the option to do so.

 

[casper74]

Markets are so much more than a place to sell or buy stock, If I went Deadweight i'd hardly see anyone else from week to week. My Wife and me have met loads of people some are now very good friends. Markets are so important for the future of livestock farming regarding the future price and getting young farmers involved in showing stock and taking pride in their stock. Young farmers can't get that when they send a lamb or bullock deadweight and it comes back a U3 or E3.
And remember F&M and the horror stories of prices (mainly sheep) that must never be allowed to happen again.
Of course there is a place for deadweight for the correct type of animal but it NEEDS the live to keep it (fairly) honest.

 

[BAW]

We use both for lambs. Smart lambs with a white face are very similar price live or dead. Anything without a white face or woolly head are £5-£10 less going live compared to dead in my experience taking in to account commission. We keep going live though to support market and social aspect for my father!