Trade Activity

Information will be obtained on the relative rapidity or slowness with which sales are being made, and the reporter also should observe and comment on any material changes in the pace of trading as the trade progresses through the day.  However, it is not necessary to mention trade activity in all reports unless there is a change from the normal activity at the market.  Aggressiveness of buyers in seeking supplies, attitude of sellers toward disposing or holding their supplies, and other signposts can indicate what the activity will be.  Such terms as "active," "moderate," "s

Trends

Trends should describe the difference in the present general price level in relation to the last market day when a sufficient volume was available for a comparison.  Trends will be based on bulk prices for the most part.  The quality of the livestock should be taken into consideration when establishing trends.  Formulating a trend based on the comparison of the top and bottom quotations does not necessarily depict the true market.  Sales outside the normal range usually have little influence on the trend.  Daily trends will be made on each class represented but may

Value Added

Used to identify cattle on market reports that typically sell at a premium, cattle denoted with this comment have a combination of several of following quantifiers: source and aged verified, all-natural, non-hormone treated, a known vaccination program, being weaned more than 30 days, or superior genetics.