ADJUSTMENT EXAMPLE A sliding scale adjustment will be utilized when the average weight of the cattle is more than (+/-) 10 lbs. from the advertised average weight. In this example a $.03 price adjustment has been established. This means a $.03 per pound adjustment is used when the average weight of the cattle is more than 10 lbs. from the advertised average weight. The adjustments will be announced on sale day to reflect the market. A lot of steers that average 750 lbs. selling for $75.00/cwt will be subject to the adjustments in the examples below. Average weights between 740 to 760 have no adjustments. Average weights less than 740 or greater than 760 lbs. are adjusted (+/-) $.03 per lb. All adjustment pounds are calculated from the advertised average weight. Price adjustments will be established to reflect market conditions and will be announced before each sale. Steers averaging 780 lbs. have an adjusted sale price of: $74.10 780 - 750 = 30 lbs. 30 x $.03 = $.90 $75.00 - .90 = $74.10 Steers averaging 830 lbs. have an adjusted sale price of: $72.60 830 - 750 = 80 lbs. 80 x $.03 = $2.40 $75.00 - 2.40 = $72.60 The reverse is also in effect! Steers averaging 705 lbs. are adjusted to $76.35 750 - 705 = 45 lbs. 45 x $.03 = $1.35 $75.00 + 1.35 = $76.35 Steers averaging 670 lbs. are adjusted to $79.80 750 - 670 = 80 lbs. 80 x $.03 = $2.40 $75.00 + 2.40 = $77.40 ADJUSTMENT FOR DELAYED DELIVERY All cattle that are not picked up within 10 days will have the average weight increased two (2) pounds per head per day for each day over 10. Special arrangements made to hold cattle beyond 10 days without penalty must be made and agreed upon by both the consignor and the buyer. Steers sold to average 750 lbs. that are picked up 5 days late will be adjusted to 760 lbs. 5 days x 2 lbs./day = 10 lbs. 750 + 10 = 760 lbs average WV LIVESTOCK MARKETS Buckhannon Stockyards 304-472-5300; WED. 1:30 Sam Garrett/Charlie Helmick Weston Livestock Market 304-269-5096; SAT. 2:00 CD Cole South Branch Stockyards 304-538-6050; WED. 2:00 Roger Pratt Preston Farmers Market 304-789-2788; Home 304-789-6811; FRI 2:00 Delores Pomeroy Riverton Stockyard 304-567-2551; Hansil Hedrick Pocahontas Producers Coop 304-799-6593; TUE 2:00 Dave Newman/Bob Keller Central WV Livestock Market Assn. 304-462-8420; Jackson's Mill (Fall) Marge Burke Ritchie County Coop Market 304-643-2636; Harrisville (Fall) Elkins Stockyards Inc 304-636-0500; SAT. 1:30 CC Conaway Parkersburg Livestock Sales 304-489-2255; SAT. 1:00 Jay Morgan Bluegrass Market Inc 304-645-1383; SAT. 1:30 Bill Irons/Charles Long Alderson Livestock 304-445-2945; FRI. 2:00 Bill Morgan/Dean Hansen Jackson County Livestock 304-372-9110; THU. 2:00 Dwight Conrad New River Livestock Market 304-253-6581; WED. 1:30 Mike Richmond Ohio County Livestock Auction 304-547-0849; TUE. 1:00 Alice Richmond Livestock Market of Spencer 304-927-4817; FRI. 7:30 Myron Bailey |
