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Livestock
Livestock & Forage
Beef / Lamb & Pig Price Tracker
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<blockquote data-quote="Anymulewilldo" data-source="post: 7496712" data-attributes="member: 144597"><p>By outbidding everyone else or running everybody too death in the stock. Every sale, without fail. After a few weeks the other buyers get sick of either drawing blanks or paying severely over the odds. So they go elsewhere. This leaves the aforementioned buyer with very little competition and he cleans up some very cheap cattle too make up for the dearer ones bought earlier. It’s a long term strategy and a very dirty trick to start on. Good auctioneers don’t allow it too start. But the trouble is the buyer is so useful as they will just keep taking dear cattle. Up until the point where they have no other buyers.</p></blockquote><p></p>
[QUOTE="Anymulewilldo, post: 7496712, member: 144597"] By outbidding everyone else or running everybody too death in the stock. Every sale, without fail. After a few weeks the other buyers get sick of either drawing blanks or paying severely over the odds. So they go elsewhere. This leaves the aforementioned buyer with very little competition and he cleans up some very cheap cattle too make up for the dearer ones bought earlier. It’s a long term strategy and a very dirty trick to start on. Good auctioneers don’t allow it too start. But the trouble is the buyer is so useful as they will just keep taking dear cattle. Up until the point where they have no other buyers. [/QUOTE]
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