2011 Pend Oreille County Fair

MARKET ANIMAL SALE

(Selkirk Ace Hardware Livestock Arena)

SUPPORT YOUR LOCAL

4-H, FFA   and Open Youth

BUY FREEZER MEAT AT THE FAIR SATURDAY, AUGUST 21

Our Market Livestock Auction will feature outstanding livestock, the object of a strict scientific program of Growth and Quality. The Code of Ethics of raising and selling the animals will be strictly followed.

PURPOSE OF THE SALE

The Market Livestock Sale:

1. offers businesses or individuals the opportunity to show support and recognition for youth's efforts to raise quality market animals;
2. guarantees a market outlet for market project animals;
3. shows youngsters and adults how to judge a market animal carcass.

BUYERS

Any interested person or business may bid on any animal during the auction. You may bid as an individual or as part of a group on particular animals. If you, your firm or organization cannot attend the sale but wish to participate, you can do so by proxy.

Change of ownership of the animals sold will take place at 5:00pm on the Sunday after the sale. Animals must be slaughtered at a predetermined time and place chosen by the Livestock Committee. All animals will be held for the carcass show in the week following the Fair.

HOW THE SALE IS CONDUCTED

Marie Clifner is the clerk for the sale. Each buyer must present his/her name and address to her immediately after the sale. Arrangements for payment should also be made at that time.

The bidding must begin at the market price of lambs, swine or beef as of Friday before the auction. The amount of money bid above the market price is called “support” money. Top animals are auctioned off first.

If your bid wins the animal, you have a choice of paying the total bid price and keeping the meat for your own use or of paying the support money only and turning the animal over to the Market Livestock Commit¬tee. The Committee will then market the animal through normal marketing channels and that purchaser will pay the remaining balance on the animal (the market price). A third choice will apply to Market ewes only. They may be purchased at the bid price and taken home. These breeding animals may not be taken to another youth market animal sale. The intent is to return the ewes to production.

Example: Suppose we have a 100lb lamb. Market price is .65/lb or $65.00 for the lamb; final bid price is $1.05/lb or $105.00. The difference between market and bid price is $40.00. As a buyer, you pay $105.00 and keep the animal, or you pay $40.00 and turn the animal. If you turn the animal, anyone may purchase it for the remaining $65.00 (or market price). With either choice, you receive recognition and advertisement as the buyer of the animal. THE SUPPORT MONEY YOU PAY IS TAX DEDUCTIBLE.

CUSTOM PROCESSING

The majority of buyers will prefer having their purchase processed, cut and wrapped ready for freezing by the packer chosen by the Livestock Committee. A nominal charge will be added for processing and the packer will make its usual charge for cutting and wrapping. Details will be handed out at the sale.