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tlakota
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Joined: 07 Jan 2007
Posts: 209
Location: aberdeen,sd

PostPosted: Thu Jan 11, 2007 1:24 am    Post subject: selling cattle online Reply with quote

I was on a site the other day that sold cattle online...they would sell calves at a certain weight and at a certain price
for example they wanted $1.18 for 535 pound steers with a $.08 slide...then it gives weighing conditions...what happens if calves are over or under that 535 pound weight....could someone explain this whole process to me please? thanks


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Jason
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Joined: 10 Feb 2005
Posts: 2001
Location: Alberta Canada

PostPosted: Thu Jan 11, 2007 9:25 am    Post subject: Reply with quote

The slide is what changes the price if the animal is over or under the target weight.

The base was 535 @ $1.18, or $631.30 per hd.

The slide would make it so the buyer doesn't have to pay the same per pound for a heavier animal. In general cattle sell for more per pound the lighter they are, as they get heavier the price per pound is less.

If the cattle weighed 540 they are over the target (base) of 535. If the price was the same per pound those cattle would bring 540 @ $1.18 or $637.20. With the slide, they bring $.08(the slide) x 5 lbs (the amount off target) or $.40 per hundred weight less.

Base price $1.18 less $.40/ cwt is $1.1760

540 wts on that base and slide would bring 540 x $1.1760 = $635.04

The slide is always based on 100 pounds but usually people talk cattle price per pound. The real base price would be $118.00/cwt

Hope this is clear enough.

Jason


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Cowpuncher
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Joined: 10 Feb 2005
Posts: 556
Location: Southeastern Colorado

PostPosted: Thu Jan 11, 2007 9:32 am    Post subject: Reply with quote

The slide usually works OK if the cattle are heavier than advertised. I have never seen the slide work when the cattle are lighter than advertised except on bred stock.

It is important when selling with the slide to make sure your advertised weights are not too light. Ifyou do, you will get the lower price that goes with heavier cattle and no slide.

Superior used to give 10 pounds leeway before the slide kicked in. They don't do that any more - must have been buyer pressure.


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Northern Rancher
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Location: saskatchewan

PostPosted: Thu Jan 11, 2007 9:36 am    Post subject: Reply with quote

A sliode on breeding stock that's a new one.


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Jason
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Location: Alberta Canada

PostPosted: Thu Jan 11, 2007 9:56 am    Post subject: Reply with quote

Most slides work both ways. If the cattle are light the price per pound goes up, but the total dollar per head is down.

If your dealing with someone that tricky, maybe you best not be dealing.

I agree with Northern, who the heck has a slide on breeding stock?


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Broke-T
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Joined: 12 Feb 2006
Posts: 61
Location: Central Mississippi

PostPosted: Fri Jan 12, 2007 8:13 am    Post subject: Reply with quote

Delivered a load yesterday that I sold on Superior before Christmas.

There slide only goes one way, to the heavy end. If your catle are heavy the price per pound goes down but if they are light you don't get any extra.

With a 5 cent slide I like my calves to always be a few pounds heavy.

Johnny


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Oldtimer
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Joined: 10 Feb 2005
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Location: Northeast Montana

PostPosted: Fri Jan 12, 2007 8:17 am    Post subject: Reply with quote

Jason wrote:
Most slides work both ways. If the cattle are light the price per pound goes up, but the total dollar per head is down.

If your dealing with someone that tricky, maybe you best not be dealing.

I agree with Northern, who the heck has a slide on breeding stock?


Jason- I've worked with buyers for 40 years and the only buyers I have seen slide to the light side were the Canadians...


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Soapweed
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Joined: 11 Feb 2005
Posts: 12095
Location: northern Nebraska Sandhills

PostPosted: Fri Jan 12, 2007 8:21 am    Post subject: Reply with quote

Oldtimer wrote:
Jason wrote:
Most slides work both ways. If the cattle are light the price per pound goes up, but the total dollar per head is down.

If your dealing with someone that tricky, maybe you best not be dealing.

I agree with Northern, who the heck has a slide on breeding stock?


Jason- I've worked with buyers for 40 years and the only buyers I have seen slide to the light side were the Canadians...


As far as I'm concerned, a slide should work both ways. What is good for the goose is good for the gander. One thing about taking cattle to a sale barn versus a video sale, in a sale barn if the cattle are light you get paid accordingly. If they are light on the video deal, the buyer gets all the advantage.


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Horseless
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Joined: 07 Jan 2007
Posts: 238
Location: Northern MT

PostPosted: Fri Jan 12, 2007 8:27 am    Post subject: Reply with quote

Northern Rancher wrote:
A sliode on breeding stock that's a new one.

Stevenson/Basin's last sale on Superoir had a slide for bred heifers if they were under the listed weight.




Last edited by Horseless on Fri Jan 12, 2007 8:35 am; edited 1 time in total
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Oldtimer
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Location: Northeast Montana

PostPosted: Fri Jan 12, 2007 8:28 am    Post subject: Reply with quote

Soapweed wrote:
Oldtimer wrote:
Jason wrote:
Most slides work both ways. If the cattle are light the price per pound goes up, but the total dollar per head is down.

If your dealing with someone that tricky, maybe you best not be dealing.

I agree with Northern, who the heck has a slide on breeding stock?


Jason- I've worked with buyers for 40 years and the only buyers I have seen slide to the light side were the Canadians...


As far as I'm concerned, a slide should work both ways. What is good for the goose is good for the gander. One thing about taking cattle to a sale barn versus a video sale, in a sale barn if the cattle are light you get paid accordingly. If they are light on the video deal, the buyer gets all the advantage.


Yep- Some of those drought years when the calves come in 50-60 lbs lighter than average the buyers make out pretty good.....


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Big Muddy rancher
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Joined: 10 Feb 2005
Posts: 15724
Location: Big Muddy valley

PostPosted: Fri Jan 12, 2007 8:33 am    Post subject: Reply with quote

[quote="Oldtimer"]
Soapweed wrote:
Oldtimer wrote:
Jason wrote:
Most slides work both ways. If the cattle are light the price per pound goes up, but the total dollar per head is down.

If your dealing with someone that tricky, maybe you best not be dealing.

I agree with Northern, who the heck has a slide on breeding stock?


Jason- I've worked with buyers for 40 years and the only buyers I have seen slide to the light side were the Canadians...[/quote]

As far as I'm concerned, a slide should work both ways. What is good for the goose is good for the gander. One thing about taking cattle to a sale barn versus a video sale, in a sale barn if the cattle are light you get paid accordingly. If they are light on the video deal, the buyer gets all the advantage.


Yep- Some of those drought years when the calves come in 50-60 lbs lighter than average the buyers make out pretty good.....



OT you mean Canadians bought calves? I thought they just rode the shirt tails and flooded your market. You mean cattle moved both ways across the border?


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Oldtimer
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Joined: 10 Feb 2005
Posts: 24734
Location: Northeast Montana

PostPosted: Fri Jan 12, 2007 8:38 am    Post subject: Reply with quote

Big Muddy rancher wrote:

OT you mean Canadians bought calves? I thought they just rode the shirt tails and flooded your market. You mean cattle moved both ways across the border?


Actually for about 2 years (of the 12 years of NAFTA) Canadians tryed to be good "trading" partners....Quite a few calves were sold on the Canadian Video....One of my old college buddies was their buyer/rep down here...

And thats the first time I saw the slide go both ways....


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