Can someone tell me what these livestock auction terms mean? Give me info about auctions?
I have never attended a cattle auction before, but am thinking of going and buying a calf or two to raise for my household.
Can someone translate this report for me? http://www.pulaskicountystockyard.com/market_report.html
Specifically, what is a “Springer?” A “Replacement?” Is this report really saying that a 100-200 lb steer sells for $109-$124? What does “Feeder” mean?
And why do the prices get lower as the steer gets bigger? That makes no sense…
Also, can you tell me about how a livestock auction works- and any tips for getting good prices or for what to look for to get a healthy calf or young steer?
A springer is a dairy heifer that is bred usually 4-6 months pregnet. A replacement is a heifer that would make a good cow once she is bred to replace an old cow you might have, A 200lbs steer would sell for $218-$248 a peice. The prices are listed per hundred pounds. So $109 is equally to 100lbs or $1.09 per pound of each steer. A feeder is a steer or heigher that is being sold to be fed out to go to the slaughter. The reason steers that are bigger sell for less is becase they are just that bigger so the cost more to buy. If you are looking to buy find someone locally that has bought cattle before and will help you. You will get a better deal buying from a farmer instead of buying from an auction. Auctions can be risky and confuseing to first time buyer so i recomend buying from a farmer.
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