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Non-Cattle Specific Topics
Every Thing Else Board
Cattle dealer $ problems?
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<blockquote data-quote="Howdyjabo" data-source="post: 792068" data-attributes="member: 391"><p>I had hoped that most farmers/ranchers had sold to Eastern thru a livestock market- so that their individual bonds might kick in and cover them.</p><p></p><p>Seems like several sold directly to Eastern- they are going to have a very bad Christmas.</p><p>Might get pennies on the 100 dollars - blew "pennies on the dollar" right out of the window.</p><p></p><p>Make sure when you sell cattle that the buyer is FULLY bonded. Very few are bonded enough to cover the numbers handled during the fall rush.</p></blockquote><p></p>
[QUOTE="Howdyjabo, post: 792068, member: 391"] I had hoped that most farmers/ranchers had sold to Eastern thru a livestock market- so that their individual bonds might kick in and cover them. Seems like several sold directly to Eastern- they are going to have a very bad Christmas. Might get pennies on the 100 dollars - blew "pennies on the dollar" right out of the window. Make sure when you sell cattle that the buyer is FULLY bonded. Very few are bonded enough to cover the numbers handled during the fall rush. [/QUOTE]
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