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<blockquote data-quote="Travlr" data-source="post: 1810799" data-attributes="member: 42463"><p>There are a few variables in sale barns just like in any group of similar businesses.</p><p></p><p>But generally, people bring in their livestock to be sold by the barn on a commission basis. The barn gets a cut of the sales price and/or a set fee.</p><p></p><p>Some barns tend to favor the sellers, but in my experience most barns favor the buyers. A good barn treads the line between sellers and buyers and tries to be neutral in the exchange.</p><p></p><p>It's in your interest to visit often and get to know consistent sellers, and to pay attention to buyers and how/why/what they bid on. Get to know the auctioneers and if they can be friendly and useful. Some people working the sale barns can give you good information if you are useful and/or friendly with them. The sale barn is a make or break financial necessity for many producers and is serious business. Best you treat it that way. Learn, risk what you can afford to lose, and look for your own ways to game the system.</p><p></p><p>A lot of your contacts through the sale barns can become valuable outside of the sale barn.</p></blockquote><p></p>
[QUOTE="Travlr, post: 1810799, member: 42463"] There are a few variables in sale barns just like in any group of similar businesses. But generally, people bring in their livestock to be sold by the barn on a commission basis. The barn gets a cut of the sales price and/or a set fee. Some barns tend to favor the sellers, but in my experience most barns favor the buyers. A good barn treads the line between sellers and buyers and tries to be neutral in the exchange. It's in your interest to visit often and get to know consistent sellers, and to pay attention to buyers and how/why/what they bid on. Get to know the auctioneers and if they can be friendly and useful. Some people working the sale barns can give you good information if you are useful and/or friendly with them. The sale barn is a make or break financial necessity for many producers and is serious business. Best you treat it that way. Learn, risk what you can afford to lose, and look for your own ways to game the system. A lot of your contacts through the sale barns can become valuable outside of the sale barn. [/QUOTE]
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