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<blockquote data-quote="Anonymous" data-source="post: 16504"><p>> Been mostly into show horses and</p><p>> I'm amazed by the cattle auctions</p><p>> on rfd-tv but cannot understand</p><p>> the prices. Would someone explain</p><p>> the bid prices that appear. I plan</p><p>> to attend our local auction this</p><p>> coming week. Thanks and I enjoy</p><p>> reading the postings.</p><p></p><p>Commercial cattle are sold by the pound. The auctioneer may be calling for a bid of .85 or $85 a hundred pounds. The cent figure may be broken down into quarter of a cent per pound. For example: .8525 or .8550 or .8575 which means 85.25 cents per pound.</p><p></p><p>Registered cattle and commercial cattle breeding stock can be sold by the head in full dollar incraments. Etc. $350 bid asking $400 and so on.</p><p></p><p> <a href="mailto:sillco@compufort.com">sillco@compufort.com</a></p></blockquote><p></p>
[QUOTE="Anonymous, post: 16504"] > Been mostly into show horses and > I'm amazed by the cattle auctions > on rfd-tv but cannot understand > the prices. Would someone explain > the bid prices that appear. I plan > to attend our local auction this > coming week. Thanks and I enjoy > reading the postings. Commercial cattle are sold by the pound. The auctioneer may be calling for a bid of .85 or $85 a hundred pounds. The cent figure may be broken down into quarter of a cent per pound. For example: .8525 or .8550 or .8575 which means 85.25 cents per pound. Registered cattle and commercial cattle breeding stock can be sold by the head in full dollar incraments. Etc. $350 bid asking $400 and so on. [email=sillco@compufort.com]sillco@compufort.com[/email] [/QUOTE]
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