dwilliams35
Member
Money laundering? Buy an animal with full paperwork as a business expense, then sell it for unrecorded cash on the next day.
I think it is a southern thing Dave. I have never seen them here in the midwest either. The barn operators would put a stop to it quickly.
Don't forget to claim it died.Money laundering? Buy an animal with full paperwork as a business expense, then sell it for unrecorded cash on the next day.
haven't heard that term n a whileI don't think this kind of trading is as bad as it once was. Craig's List just makes it more obvious and easier for the non professional.
Local stockyards once had whole sections devoted to the traders. Trash barrels by the working chutes were filled with used sales tags, fingernail polish remover and empty black spray paint cans.
There was a kind of honor among thieves at work but woe to the innocent.
Who can forget the parade of "pinhookers" that approached your truck when you got in line to unload.
The cattle business has always had a hard edge that attracts this kind of activity.
Buyer Beware remains good advise even today.
I saw them at Livingston as recently as 2015-2016. I didn't know there was a term for them until just a few years before that tho.I've never seen it in southeast Texas either.
I wish I could learn. Lol.Warren, that was a massive amount of free education that gentleman gave you. Most don't realize what you can learn from someone like that.
When we sell babies at the sale barn (most of the time it's a twin) or a cow that can't take care of calf or died during birth. We keep them make sure they get the colostrum and usually bottle them a few weeks. I stay with them at sale barn and talk to anyone who looks at them. That way they know the situation, what they are, and that they're healthy. They'll bring more money but you'll have ones who want to buy them before the sale kicks off.
Have offered them that way as well and have taken care of some and just kept and fed them myself.I generally try to find a young person who's willing to put in a little work and give the calf to him or her in that situation. I remember receiving a few like that 45 or so years ago.