
This idea is a hybrid of a cooperative and a fixed unit price sale and a full reserve. The cooperative forces all buyers to share the cost equally, forcing each to pay a flat price that is determined by the number of sales. In this case we predetermine a minimum number of units to be sold to create the completed sale.


This option allows a Rancher to buy back the excess unsold meat and still sell the animal for some return. This condition indicates that the price is too high or too much product is in the market and has reduced the scarcity and lowered the price accordingly. It may also indicate that a particular animal might not be as desirable as was thought. This option has to be declared when the auction is set up and the Seller determines the minimum amount to buy back as a kind of Reserve Price.

This option is a way to encourage buyers to start bidding early since they know the last bids will be at a higher price. This option runs the risk that the higher price may slow the bidding and possibly cause the auction not to sell out. If this is the case, the Seller does have the option to buy back the unsold portion at the lower price and cause the animal to be harvested

This option sets a higher price for the last bids received forcing the last beef sold to possibly be sold for a higher price. This incents buyers to buy as early as possible and indicates what the real market for the product may be.

The problem with this option is it may force prices lower sooner as surpluses build up in any market. But the advantage is the animal is already on the market and getting something for it given the effort already spent is better than trying to recoup the cost later.




> Becoming a Prict-Maker instead of a Price-Taker







This could also help us schedule when Auctions should happen based on available animals forecasted to finish. If weights are being regularly reported we should be able to predict what the best mix of animals will be for all the sellers to achieve the highest return. It also helps build a chain of custody for the cattle and how they were raised and provide documentation to the buyer about the quality of the meat they are buying.
Something like Fieldsync might be helpful here (www.fieldsync.net)
RFID tags matched to brands or tattoos could help track the animals during growth and processing.