Online Auction Information 09/08/15 8:10:46 AM
Equity Cooperative Livestock Sales Association believes that it has a valuable tool in its Electronic Lamb Auction. Through the auction, Equity Cooperative Livestock Sales Association is able to offer a truly competitive and unique price discovery system. Two auctions are offered weekly with all major packers participating through an anonymous bidding system. The auctions are truly real-time.
Once a buyer has acquired a login name and password he/she is able to log on to their computer system on designated days and times to place bids on livestock. This auction system provides sellers with a competitively derived price from a worldwide buying group.
Equity Cooperative Livestock Sales Association sells lots of lambs and guarantees payment to producers with a bonded check. Equity Cooperative Livestock Sales Association is compensated on the sale through commission as a broker for these trades and services.
Additionally, Equity Cooperative Livestock Sales Association can provide order buying services, marketing services for feeder lambs and breeding ewes, forward contracting on load lot units (feeder and market lambs) and feeder financing for qualified producers.
For additional information, please call 800-362-3989 to contact:
Vice President Sheep, Lamb and Goat Marketing