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New Mexico | skills ( PR is public relations or politeness, btw ).
The REAL money made is the overnight interest on the custodial account.
( basically that account is all incoming and outgoing customer dough )
Always a high balance because some folks do not cash checks paid out for livestock till they need the dough, can be 3 mos to a year or so in ranch country.
Know of one deal of $275k check never came thru, check wrote for ranch calves sold ( accountant was of course trying to figure books a year later ), sale barn called the ranch asked what the deal was, and they just had not needed dough so had not cashed the check yet.
Small salebarns, guess that depends on definition.
Those areas with young people and livestock diversity ie sheep, goats, horses and cattle, small barns that were for sale 5 years ago no longer for sale AND total livestock reciepts expanding steadily.
Say sell sheep goats and horses 2 weeks per month, and cattle every week.
AND the sheep etc., are on a seperate day vs cattle.
Good small barn here will run 2,500 to 5,000 head of cattle per week seasonally.
Off season ( couple months ) might only be 300 to 600 head.
Answer to small barns is going to depend alot on the area.
SW USA on S thru the Mexican Sierra Madre Occidental has a LOT more livestock action now vs 5 years ago.
Some of those barns running 1,000 to 1,500 cattle per week now used to run not 1/2 that.
Edited by Markwright 1/19/2012 21:03
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opnion question, would you ever want to own a salebarn?
