Buying commercial herd bulls this way combines useful features from auction and private treaty systems. You have the opportunity to bid on, and buy any bull in the catalogue at a competitive market value without pressure.
- On arrival, intending purchasers register at the bid table and receive a Bid Number.
- All bulls are penned for inspection, by category, as per the catalogue.
- Opportunities abound. At 9am, all bulls are on the market simultaneously. You bid on any lot, regardless of catalogue sequence, by lodging a bid slip with a “runner”. Having reached your price limit on a bull, you simply move onto your next selection of bulls anywhere in the catalogue.
- From 9am buyers’ opening bids will commence, starting at the base price written on the bidding boards. Further advances at a minimum bid value (as per the coloured schedule at right). There is no upper limit on the bids.
- Bids are recorded on every bull, showing ‘buyer number’ and $ value, on large boards, by category,
in the central hub of the bull yards. - A bid, once submitted and recorded, is the responsibility of that bidder.
- Coloured Timetable (see right).
At set times during the day, bulls with no new bids for a set period, will be deemed sold, as per ink colour. This helps multiple buyers, by designated times, to know they have secured their tally. It also enables some clients to exit the sale by 2pm, confident that their purchases are secure.
THE BENEFITS
NO SPLIT-SECOND DECISIONS. You have time to consider, to select and place deliberated bids on the entire catalogue.
By 1pm, buyers will know their core tallies with ample time to re-select other bulls, or advance bidding without auction pressure of instant decisions.
Re-selection is easy, as the yards are full of very similar genetics.
Buyers of groups of bulls with Helmsman gives broad choices, flexibility and time to average your budget.
