markets

[som farmer]

as an avid follower of u tube, (enforced by health) been following cattle markets in the USA, and comparing them to ours, and they are different ! With regulations in the UK, those markets would struggle, wooden pens etc. But where they are streets ahead of ours, they obviously have to be registered, and insured, but also 'bonded', which means the sellers money is safe, we keep getting rumours of late paying, and closure over here. All stock sold by weight, at so much a lb, in some, if a lot goes below what the mkt manager/owner thinks it should, mkt will buy it, giving owner the choice to sell, or keep. They run collection, and delivery options, someone always present, when stock unloaded, to give the owner, advice on what it will make, suggestions how they could 'improve' value of future stock, and take notes about stock, for auctioneer. They work on 4% commission, sim to us. Cattle are given food in mkt, carefully judged, as buyers buying by weight, (difficult call), and in many, payment on day, The whole 'theme' is geared up to looking after buyers and sellers equally, and to be judged as impartial. The biggest simarlarity, is the people that attend, same here, as in USA.
Few of the above points, would go a long way here, we all know some mkts, that couldn't care, about you, only the commission .
The worst bit, can't understand the auctioneers jargon ! Posted this, bit of light hearted fun, to go against an awful lot of negatives on here, at the moment !!!!!

 

[Werzle]

Markets over there do not have the edge ours have, its mostly feedlot buyers sat down buying on weight and a monkey could be sent to buy. Over here you need your wits about you and a better eye for stock and maybe bargains plus the bidding is better sport here.