CATTLE BUYER / BROKER

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HOSS

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What are the ups and downs of using a buyer / broker to find and buy specific types of cattle on behalf of a client? Would this be a benefit for the cattleman who is just starting out in having an experienced cattleman go to the auctions knowing what you are looking for and make the purchases that are within your spending limit? Would the advantage of having that experienced person, knowing what qualities the animal should have from a health, disposition, and structure standpoint, outweigh the extra cost? Would this advantage save money in the longer run in meds, vets or animal losses until I would feel experienced enough to do my own selecting? I am mostly curious because there is one such individual located near me that is able to attend the sales that take place midday during the week that I cannot attend. He offers this service to beginners and experienced alike.
 
HOSS":7z4v8u3y said:
What are the ups and downs of using a buyer / broker to find and buy specific types of cattle on behalf of a client?

More contacts than you - therefore a better chance of finding exactly what you are seeking.

Would this be a benefit for the cattleman who is just starting out in having an experienced cattleman go to the auctions knowing what you are looking for and make the purchases that are within your spending limit?

Provided you have a good one - honest and working in your corner - looking for a long term relationship - then - yes. Otherwise - no.

Would the advantage of having that experienced person, knowing what qualities the animal should have from a health, disposition, and structure standpoint, outweigh the extra cost?

Extra cost? He may get them cheaper than you can. It is not always a matter of cost - you identified several valuable knowledge assets in this post.

Would this advantage save money in the longer run in meds, vets or animal losses until I would feel experienced enough to do my own selecting?

You are not going to like this answer: Maybe / maybe not!

It is a crap shoot at the best of times - put all your knowledge and his knowledge into the pot and it can still turn over. Say your prayers, do your due dilligence and step up to the plate. The pitch is coming - only you can decide when to swing that bat. Sometimes a person hits a homer and sometimes we strike out. That is what keeps the game so interesting.


I am mostly curious because there is one such individual located near me that is able to attend the sales that take place midday during the week that I cannot attend. He offers this service to beginners and experienced alike.

Find a couple of references - and - make sure you get to know him. No matter how long this guy has been in the game he will have made some folks happy and ticked some off - nature of the beast. You just got to have a gut feel he will do his best for you.
 
Hoss

I agree with BEZ! As long as he is honest, will probably be worth the cost. Good order buyers can be very valuable to novices and even some not so novices.

For any new venture just remember:
1. In order to suceed, one must first plan to fail inexpensively.
2. Good judgement comes from experience, experience comes from bad judgement.
There is no shortcut for this proces, However the use of mentors & the experiences of others can reduce the cost of our experience. JMO

Good luck & best wishes.

Brock
 
Great advise...I'd offer to buy him lunch and talk his services over. Get references and talk around. Think it boiles down to how much you trust him and how you feel about the guy.
Dmc
 
Cattle Brokers are cattleman that want to make money off of people instead of cattle. AS A GROUP they are some of the most cut throat blood sucking parasites in existence. You would be far ahead to find a knowledgable old cattleman to help you pick them out.
 
I just heard a story about a kid (23-25) who obtained an FSA loan to buy dairy cows with. He called 2 cattle buyers and asked them to help him get some cattle bought. A week later he sat next to one of the buyers in the auction and watched him buy the crappiest springers around for 900-1000 then hauled them 14 miles to the farm and bill him 1200 for the same cattle bought 2 hours earlier.
 
Find an old farmer like they said or watch the classifieds if you can't go to sells. The classifieds on this web site are not bad that's where I found my registered angus, and the guy delivered them for me. I would rather do it that way, at least you can go to his place and judge the cows and the owner. If I am going to spend that kind of money I want to see them for my self not that I'm an expert but there are little things that you like and dislike, maybe the attitudes, how they react when your up close to them. I say go see for yourself.
 
Beef11":26v0tcmi said:
Cattle Brokers are cattleman that want to make money off of people instead of cattle. AS A GROUP they are some of the most cut throat blood sucking parasites in existence. You would be far ahead to find a knowledgable old cattleman to help you pick them out.

Yup they are a bunch of real B@st@rds - all of them. Never ever trust someone who has been in business for many years. They could only stay there because they are crooks at heart.

After all - they stayed in business for all of those years by screwing every person who came along!

Buyers are always looking for new suckers to rape and pillage because they cannot keep doing it to those folks that they have been dealing with for the past 30 years. Sooner or later those folks wise up - so fresh meat is the true requirement.

After all, how could they keep the roof over their heads and food on the plate if they did not continue to steal from the unsuspecting?

I will be sure to keep you in mind if I ever need any advice on folks who make money off of people - like veterinarians, cattle truckers, feed specialists, seed and fertilizer sales folks, auction barns and so on. Oh and cattle buyers as well.

Never forget - everyone out there is out to screw you - so trust no one and be sure to tell everyone just how bad each group is.

Thanks for the info :lol: :lol: :roll: ,

Bez!
 
The problem seems to stem from a service provided that there is an honest need for. Someone does good and in come the "ME To vultures" I know alot of people who simply want something for nothing or very little. I am selling a rental property right now and it would cost me 6% to hire a realtor who would put the add in the paper and show people where the kitchen is. I would hope they could find it themselves. I will concede that there might be a couple good people in some of these industries. Mostly not, in my experience. Just people trying to make a living by skimming off of other peoples hard work.
 
Beef11":nwobinvt said:
The problem seems to stem from a service provided that there is an honest need for. Someone does good and in come the "ME To vultures" I know alot of people who simply want something for nothing or very little. I am selling a rental property right now and it would cost me 6% to hire a realtor who would put the add in the paper and show people where the kitchen is. I would hope they could find it themselves. I will concede that there might be a couple good people in some of these industries. Mostly not, in my experience. Just people trying to make a living by skimming off of other peoples hard work.

Well, I see the problem differently.

You may or may need a service. But if you do need a service you are not prepared to pay for it.

I would hardly call their pay skimming - but then again I have used realtors many many times in my life.

I cannot believe I am about to jump in on the side of real estate sales folks - perhaps I am actually jumping in to assist those out there who truly do care and work hard for their money - the money we pay them and it is called COMMISSION. But here goes.

They are responsible for adverising out of their own pocket.

They are responsible for what is called multiple listings - out of their own pocket.

They are responsible for transporting various "lookie looes" out to your property to see if they might be interested - out of their own pocket.

They are responsible for their own business licenses, insurances, and liability insurances out of their own pocket.

They are responsible for finding qualified purchasors - otherwise all of the above becomes a waste of time and money.

What ever is left over is their profit - a word we all understand and are not ashamed of.

They too need to feed their families and therefore work for us in order to be paid.

If they manage to sell your property before the contractual agreement with you expires - they make money - sometimes.

If it does not sell, they lose money - big time.

It is this very incentive that motivates them to help you sell your property.

In fact - like us farm folks - they are at risk every day. So the successful ones are those who truly do work for their client. And in the end are probably worth even more than the minimum commission.

There is a lot more to this, but from this and other posts it appears you do not trust anyone who works for commission.

You certainly are prepared to attack them at will.

If you can get by without their services - well, that is good for you.

But to attack indiscriminately - certainly not on.
--------------------------------
An old fellow sits on the bench in town. A new car with a new family in it draws up along side and the driver (with a big smile) asks - "Hi there - we are new in town and wondered if you could tell us if this town is a friendly town because we are looking for a new home.

The old timer asks - "What were the folks like in your last town"

The driver replies - "They were great -we only moved because the job I had was over"

The old timer smiles and replied - "Well you will like it here - they are good folks here"

10 Minutes later another family drives up in a little bit meaner car - The driver scowls and snarls "Hey old timer we are moving into the area - what are the folks like in this part of the state?"

The old timer asks - "What were they like where you lived before?"

The new guy still snarling replies - "They were the biggest bunch of ***holes on the face of the earth - that is why we are moving."

The old timer replies - "Well, they are no different here."

Moral of the story - well, you can see two different families in the same town and two different responses - you figure out the moral.

Have a great day,

Bez!
 
perhaps I am actually jumping in to assist those out there who truly do care and work hard for their money

I have known a couple realtors that would fit into this category, but i've known a lot of realtors. The problem is finding one like this amongst all of the sharks.
Relative of mine hired a realtor to sell their house. House did not sell, listing time expired. They went out of their pocket sold their own house and then they had to pay the realtor due to the 90 day clause in the contract. Legal? yes, honest?
Anymore a 500k-mill are fairly common place in the Ag world do you think an add in the paper and filling out a couple papers then driving out to look at the place is worth the 30-60k commission. They are way to expensive for what they do. It is a profession that attracts those that want to do little and get alot.
you figure out the moral.
Realtors, cattle buyers and horse traders are always happy to "help you out" wherever you are. OFten times are some of the friendliest people you meet. I am refering to these groups of people with the general trend and i do acknowledge the possibility of exceptions.
 
Bez!":18591ebj said:
Beef11":18591ebj said:
Cattle Brokers are cattleman that want to make money off of people instead of cattle. AS A GROUP they are some of the most cut throat blood sucking parasites in existence. You would be far ahead to find a knowledgable old cattleman to help you pick them out.

Yup they are a bunch of real B@st@rds - all of them. Never ever trust someone who has been in business for many years. They could only stay there because they are crooks at heart.

After all - they stayed in business for all of those years by screwing every person who came along!

Buyers are always looking for new suckers to rape and pillage because they cannot keep doing it to those folks that they have been dealing with for the past 30 years. Sooner or later those folks wise up - so fresh meat is the true requirement.

After all, how could they keep the roof over their heads and food on the plate if they did not continue to steal from the unsuspecting?

I will be sure to keep you in mind if I ever need any advice on folks who make money off of people - like veterinarians, cattle truckers, feed specialists, seed and fertilizer sales folks, auction barns and so on. Oh and cattle buyers as well.

Never forget - everyone out there is out to screw you - so trust no one and be sure to tell everyone just how bad each group is.

Thanks for the info :lol: :lol: :roll: ,

Bez!

OUCH!!!! :shock:

Keep up the good work BEZ

MD
 
My mentor does that, he buys and resells and he adds $50 to $75 per cow as his commission. He asked questions and I told him up front, quality over quantity. I've not been disappointed.
Also, if I don't care for her, then he sells it to someone else so its not like I'm stuck buying a cow I don't like. Its been a good experience for me.

Also, I'm getting to where I know several of the old men down at the auction barn so I wouldn't hesitate to ask one of them their thoughts on a cow running through there.
 

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