Cattle Dealers?

pakalasa · 26-09-2011 8:26am

Great piece in the Journal, I think it was this week, where they go back in years. It was an old article about how the 'cattle traders' as they were known at the time collectively agreed to boycott these new 'marts'. They stated that they believed they 'were not in the best interest of the Irish beef industry'.
Long may the mart continue. Great place too for any budding economist to see first hand how the free market really works.

Bactidiaryl · 27-09-2011 12:01pm

absolutely. and there is a place for dealers in the marts but for them to have too much influence would not be good for the marts survival.

Kovu · 28-09-2011 8:48pm

Bactidiaryl wrote: »

absolutely. and there is a place for dealers in the marts but for them to have too much influence would not be good for the marts survival.

I agree with that, but if you seen some of the smaller days in certain marts, nothing would be sold if it wasn't for the dealers. It's a push/pull situation, we need them but we can't have them controlling the ringside. So a bit of 'plamasing' has to be done with them, if you get my drift.:rolleyes:

blue5000 · 28-09-2011 10:13pm

A mart is no different to any auction, if the auctioneer sees the same lads buying week in week out s/he is going to let the hammer fall to them now and again to keep things sweet. I love it when an auctioneer gets stuck with a bid that he took 'off the wall.' Place in N Kerry springs to mind for that stunt;)

bob charles · 28-09-2011 11:22pm

blue5000 wrote: »

A mart is no different to any auction, if the auctioneer sees the same lads buying week in week out s/he is going to let the hammer fall to them now and again to keep things sweet. I love it when an auctioneer gets stuck with a bid that he took 'off the wall.' Place in N Kerry springs to mind for that stunt;)

And then who do you thinks takes these dear cattle of the auctioneers hands?

Tipp Man · 29-09-2011 9:28am

bob charles wrote: »

And then who do you thinks takes these dear cattle of the auctioneers hands?

I think the answer to that is the seller -Any time we've been selling and the cattle land on the auctioneer he's turned around and told us that its his bid so no sale

Kovu · 29-09-2011 9:30am

Tipp Man wrote: »

I think the answer to that is the seller -Any time we've been selling and the cattle land on the auctioneer he's turned around and told us that its his bid so no sale

Depends on the mart. This is why a good auctioneer is necessary. Can be left to the mart if you have a stubborn seller.

5live · 29-09-2011 9:44am

blue5000 wrote: »

A mart is no different to any auction, if the auctioneer sees the same lads buying week in week out s/he is going to let the hammer fall to them now and again to keep things sweet. I love it when an auctioneer gets stuck with a bid that he took 'off the wall.' Place in N Kerry springs to mind for that stunt;)

I think anyone ever selling there knows what goes on or isnt long finding out;)

bob charles · 29-09-2011 9:51am

Tipp Man wrote: »

I think the answer to that is the seller -Any time we've been selling and the cattle land on the auctioneer he's turned around and told us that its his bid so no sale

They usually are left with the auctioneer holding the baby in the marts I deal with, so he/she then has to find a home for them at a price that is above the market price, an it usually the regulars that these have to be shoved on. An auctioneer knowing the value of animals that they are selling is the most important thing in a good mart and frankly some of the auctioneers dont have a clue.

pakalasa · 29-09-2011 10:13am

I remember in a mart near us, the auctioneer would regularly buy and sell his own cattle. Even when the owner display came along, he still look into the seller's box and then wink out at the dealers, who always seemed to give him a decent price, well above the going for the day.
Drove me mad though when he'd be buying his own and you would be the last bidder. He'd take a phantom bid and then come back to you. He wouldn't give you enough time and then knock them down to the phantom bid, himself.
..and they wondered why the mart closed.

simx · 29-09-2011 8:25pm

pakalasa wrote: »

I remember in a mart near us, the auctioneer would regularly buy and sell his own cattle. Even when the owner display came along, he still look into the seller's box and then wink out at the dealers, who always seemed to give him a decent price, well above the going for the day.
Drove me mad though when he'd be buying his own and you would be the last bidder. He'd take a phantom bid and then come back to you. He wouldn't give you enough time and then knock them down to the phantom bid, himself.
..and they wondered why the mart closed.

sometimes the autioneer could well be as much of a rogue as any dealer. . .

Muckit · 29-09-2011 9:08pm

pakalasa wrote: »

I remember in a mart near us, the auctioneer would regularly buy and sell his own cattle. Even when the owner display came along, he still look into the seller's box and then wink out at the dealers, who always seemed to give him a decent price, well above the going for the day.
Drove me mad though when he'd be buying his own and you would be the last bidder. He'd take a phantom bid and then come back to you. He wouldn't give you enough time and then knock them down to the phantom bid, himself.
..and they wondered why the mart closed.

I don't follow..... who was winning/losing??

Kovu · 29-09-2011 9:47pm

Muckit wrote: »

I don't follow..... who was winning/losing??

Auctioneer would pull his own cattle to the last while selling. Ignore bids on what he wanted whilst buying. Atrocious handling of the system but it can still be seen. AIM changes have taught me a lot.......an unknown man's name down for buying, now makes me think. Auctioneer may be the random name as I've seen...

Muckit · 30-09-2011 11:59am

pakalasa wrote: »

I remember in a mart near us, the auctioneer would regularly buy and sell his own cattle. Even when the owner display came along, he still look into the seller's box and then wink out at the dealers, who always seemed to give him a decent price, well above the going for the day.
Drove me mad though when he'd be buying his own and you would be the last bidder. He'd take a phantom bid and then come back to you. He wouldn't give you enough time and then knock them down to the phantom bid, himself.
..and they wondered why the mart closed.

I get it now Karen. I realise now that Pakalasa was talking about two separate situations (ie the auctioneer buying and selling cattle for himself). And that when he said 'buying his own' he was referring to the auctioneer buying cattle for himself, not the auctioneer buying his own cattle! Someone buying their own cattle didn't make sense to me.

Bizzum · 30-09-2011 12:09pm

What I'v often seen happening is an auctioneer, when selling certain dealers' cattle, will take bids that simply aren't there to run up a sky high price in the ring. One bid and they're yours, or more typically the dealer will try sell them outside and use the false ring "price" as their value!

Cattle Dealers?

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