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Non-Cattle Specific Topics
Coffee Shop
fair animals
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<blockquote data-quote="dun" data-source="post: 1167043" data-attributes="member: 34"><p>At our fair sale bids are taken for the floor price, that is the minmum per pound the kid will get. We're a poor community so we don;t have many issues with high rollers. There is a group called friends of the fair that will bid on animals if the bidding is too low. They will buy it then floor the animal, i.e. they only have to pay the amount over the floor and the slaughterhouse that bought the floor pays the rest (the floor price). We have 4-5 slaughterhouses in the area, actually custom butchers, and they are the ones that set the floor. Usually it's a little over what the top of the market would be per pound. Not that long ago we used to have 75 or more steers at the fair, each year it's gone down a few. Thes year there was only 27.</p></blockquote><p></p>
[QUOTE="dun, post: 1167043, member: 34"] At our fair sale bids are taken for the floor price, that is the minmum per pound the kid will get. We're a poor community so we don;t have many issues with high rollers. There is a group called friends of the fair that will bid on animals if the bidding is too low. They will buy it then floor the animal, i.e. they only have to pay the amount over the floor and the slaughterhouse that bought the floor pays the rest (the floor price). We have 4-5 slaughterhouses in the area, actually custom butchers, and they are the ones that set the floor. Usually it's a little over what the top of the market would be per pound. Not that long ago we used to have 75 or more steers at the fair, each year it's gone down a few. Thes year there was only 27. [/QUOTE]
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