rfd tv auction terms

Help Support CattleToday:

A

Anonymous

I have watched the superior auction on rfd tv network on the DISH satelite system. I have a couple of questions on the terms. 1. 2- 4 cent slide??? 2. weighed on the truck (how else would they) 3. shrinkage 4.who pays for shipping. Thanks for the feedback

[email protected]
 
OP
A

Anonymous

A slide is a way to base calves at a certian weight but to alter the actual price on what the calves weigh.

For example; if you base your calves at 500 pounds and the agreed price is $1.00 a pound or $100/cwt, and the calves actually weigh 525 pounds, the price slides down according to the slide agreed on. Let's use a .05 slide. That means for every pound the calf is over the base (500) the price goes down 5 cents a cwt or .05 cents a pound. 25x.05=1.25. So the 525pound calves would bring 98.75 or $518.44 per head, instead of the base of $500.

Weighed on the truck as opposed to weighed on a scale where the cattle only are weighed. The manure is also weighed on the truck. However, some areas a truck scale is far closer than a cattle scale, and the cattle don't have to be unloaded and reloaded.

Shrinkage is weight cattle lose in transit, handling or a 'pencil shrink' of what the cattle would lose if hauled or marketed other than at the farm/ranch.

Who pays the shipping is part of the price, if the buyer has to pay he will reduce the bid, or he will throw it in as a bonus to get better calves for the same money. If you haul to a sale barn, you pay the shipping in and the buyer pays it going to his destination.

Jason

[email protected]
 
OP
A

Anonymous

Thanks that makes sense now
> A slide is a way to base calves at
> a certian weight but to alter the
> actual price on what the calves
> weigh.

> For example; if you base your
> calves at 500 pounds and the
> agreed price is $1.00 a pound or
> $100/cwt, and the calves actually
> weigh 525 pounds, the price slides
> down according to the slide agreed
> on. Let's use a .05 slide. That
> means for every pound the calf is
> over the base (500) the price goes
> down 5 cents a cwt or .05 cents a
> pound. 25x.05=1.25. So the
> 525pound calves would bring 98.75
> or $518.44 per head, instead of
> the base of $500.

> Weighed on the truck as opposed to
> weighed on a scale where the
> cattle only are weighed. The
> manure is also weighed on the
> truck. However, some areas a truck
> scale is far closer than a cattle
> scale, and the cattle don't have
> to be unloaded and reloaded.

> Shrinkage is weight cattle lose in
> transit, handling or a 'pencil
> shrink' of what the cattle would
> lose if hauled or marketed other
> than at the farm/ranch.

> Who pays the shipping is part of
> the price, if the buyer has to pay
> he will reduce the bid, or he will
> throw it in as a bonus to get
> better calves for the same money.
> If you haul to a sale barn, you
> pay the shipping in and the buyer
> pays it going to his destination.

> Jason

[email protected]
 

Latest posts

Top