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Livestock
Livestock & Forage
Beef / Lamb & Pig Price Tracker
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<blockquote data-quote="DieselRob" data-source="post: 8148560" data-attributes="member: 1188"><p>As others have said it’s the psychological effect. Not saying it happens as much anymore as I haven’t seen it in the livestock markets. I did see it at a land auction with a field bordering a farm, no one else bid against that farmer but I’m sure the auctioneer took a couple of bids off the wall to get it to the reserve. Lot 2 that wasn’t connected to his farm went on to make 2k/ac more with lots of bidders</p></blockquote><p></p>
[QUOTE="DieselRob, post: 8148560, member: 1188"] As others have said it’s the psychological effect. Not saying it happens as much anymore as I haven’t seen it in the livestock markets. I did see it at a land auction with a field bordering a farm, no one else bid against that farmer but I’m sure the auctioneer took a couple of bids off the wall to get it to the reserve. Lot 2 that wasn’t connected to his farm went on to make 2k/ac more with lots of bidders [/QUOTE]
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Beef / Lamb & Pig Price Tracker
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