ANDRE KOCK & SEUN LIMPOPO andrekocklimpopo.co.za
WHY ARE AUCTIONS IMPORTANT FOR THE LIVESTOCK SECTORS?
They determine the price of livestock on the market. They serve as a medium for big and small farmers to sell their product on an equal platform to the market.
HOW DO YOU CHOOSE AN AUCTIONEER TO PRESENT YOU WHEN YOU ARE SELLING LIVESTOCK?
The farmer will have established a strong relationship over the years with a certain auctioneer; it should be one the farmer feels comfortable with and trusts. An important factor is whether the auctioneer will be able to pay the farmer in full within the contractual time frame.
PLEASE PROVIDE SOME BIDDING TIPS.
Know the product you're bidding on, and do your homework on the product. Make sure it aligns with your farming strategy. Decide on the