Milano Livestock Auction clerks enter transaction details into a database. This information can provide sellers with useful data to compare how their cattle sold compared to national averages.
exchanges weigh cattle just prior to their entering or while they are in the ring. At Milano Livestock Exchange, the person operat-
ing the scales assigns a buyer pen number and writes it on the weigh ticket. He then sends the weigh ticket to the business offi ce through a pneumatic tube. As completed forms are received by the business offi ce from the pens and auction ring, clerks enter the infor- mation into the database. Customer invoices (market tickets) and purchase receipts are printed. At the top of the customer invoice is the weigh
ticket number. Underneath are the seller’s number, name of the ranch, sale date, and possibly a customer permanent fi le number. In the columns from left to right are the number of
head in each sale group, back tag numbers, descriptions (color and sex), ranch animal identifi cation numbers if used, buyer’s code, buyer’s number, weight of each animal, price per cwt., and total amount.
68 The Cattleman July 2014 Total number of head, total weight and total sales
amount are presented at the bottom of the respective column. In a second table, information is presented by sex, which includes number of head, total weight, average weight and average price. At the bottom of the invoice are the fees deducted
from the gross sales amount. They might include any of these: • Insurance carried on the animals while they are on the exchange premises. This fee is always on the market ticket because insurance is important protec- tion for the customer. If a cow gets excited, runs into a gate and breaks her neck, the value of the animal will be covered by the insurance company and it will not be a lost to the producer. • Veterinary fee for all services rendered. • Feed if animals were fed on premises. • Sales commission. This amount is always printed on the market ticket.
thecattlemanmagazine.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108