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<blockquote data-quote="john250" data-source="post: 273915" data-attributes="member: 4406"><p>In the beginning, I'd go to the auction with a pad and paper and calculator. I would put a description of the calves and the price and weight. Go home and study my notes. </p><p>Cattle auctions are about as close as you can get to a free market. You have to sell something that 2 buyers want to own or you are a motherless child. </p><p>Bids go down at the end of most auctions, because buyers have either filled their trailers or strained their checkbooks. They do have to write checks that cash, or they won't be back bidding at that auction. And if they buy 45 calves and the trailer holds 40, they are out a trip. I like private treaty, because I don't get stuck in that trap. </p><p>It's quite a game. Sometimes you are the windshield, sometimes the bug.</p></blockquote><p></p>
[QUOTE="john250, post: 273915, member: 4406"] In the beginning, I'd go to the auction with a pad and paper and calculator. I would put a description of the calves and the price and weight. Go home and study my notes. Cattle auctions are about as close as you can get to a free market. You have to sell something that 2 buyers want to own or you are a motherless child. Bids go down at the end of most auctions, because buyers have either filled their trailers or strained their checkbooks. They do have to write checks that cash, or they won't be back bidding at that auction. And if they buy 45 calves and the trailer holds 40, they are out a trip. I like private treaty, because I don't get stuck in that trap. It's quite a game. Sometimes you are the windshield, sometimes the bug. [/QUOTE]
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