(MO-KAN LIVESTOCK VIDEO AUCTION)

TERMS & CONDITIONS

1. Each bidder must be properly registered at (660) 679-6535 and have a buyer’s number to bid.

2. If any dispute arises between two or more bidders, the Auctioneer may immediately put the lot up for sale again and resell to the highest bidder. The decision of the Auctioneer shall be final and absolute.

3. The Auctioneer reserves the right to reject any and all bids.

4. The record of sale kept by the Auctioneer and Clerk will be taken as final in the event of any dispute.

5. All purchases will require a $40.00 per head part payment, due and payable at the conclusion of the auction. Those buyers using satellite to purchase livestock will be required to wire transfer funds the following business day. Part payment by Buyer constitutes acceptance of terms and conditions and acceptance of livestock contract.

6. Acceptable payment is as follows: Buyer must wire transfer payment to Mo-Kan Livestock Market, Inc. No later than the business day following delivery. In the event of multiple shipments, payment will be required on each day’s delivery in the manner specified above. Any and all payments will be made to Mo-Kan Livestock Market, Inc. for Shipper’s Proceeds.

Wiring Instructions: Mailing Address:

Bank: Midwest Independent Bank, Jefferson City, MO

ABA number: 0865 05273

Credit: Adrian Bank, Adrian, MO

Acct number: 20-170-7

For final credit: Mo-Kan Livestock Market, Inc.

Acct. number: 01-211-4

7.All cattle will be sold on a sliding scale. THERE WILL BE A TEN-POUND WINDOW ON THE TOP SIDE OF THE BASE WEIGHT. Example: Yearlings with an average base weight of 800# sell for $80.00. The weight can be up to 810# average and the price will remain the same. If they weigh 811# average, with a 5 cent slide, the price will be $79.95; 820# average, with a 5 cent slide, the price will be $79.50; etc.

8. All cattle will be weighed on certified scales. Any cuts that are made on cattle that are weighed on the ground will be made after the cattle are weighed.

9. No freight adjustment will be given on cattle that weigh below the estimated base weight, if the head count is within 5% of the contract.

10. On split loads, the heifer price will be $___ per cwt (as stated in the lot information) back of the original price of the steers.

11. Any heifers that are guaranteed open will be pregnancy checked open at the seller’s expense by a licensed veterinarian prior to delivery.

12. Mo-Kan Livestock Market, Inc.reserves the right to sign the Livestock Contract on behalf of all buyers and sellers.

13. Every effort has been made to assure the correctness of the catalog, but all announcements from the auction block shall take precedence over the printed material.

OWNERS:

Jerry Hertzog: 816-590-6187

Jim Hertzog: 816-289-3011

1. All cows and first calf heifers will be pregnancy checked safe with calf, unless otherwise stated. They will be pregnancy checked and aged by a licensed veterinarian, within thirty days prior to sale date, at the Seller’s expense. Cattle will be accompanied by a veterinarian’s certificate.

2. All breeding stock over 24 months of age will have a negative Brucellosis blood test, unless otherwise stated. Bulls will be fertility tested by a licensed veterinarian, within thirty days prior to sale date, unless otherwise stated. All testing for Brucellosis and fertility will be at the Seller’s expense.

3. All breeding stock will be Bangs vaccinated, with a legible tattoo, unless otherwise stated.

4. All pairs will have matching ear tags in mother and calf, unless otherwise stated.

5. Any other health requirements (other than state of origin) shall be at the Buyer’s risk and expense.

6. All breeding stock will be sold on a sliding scale on the bottom side only. There will be a ten-pound allowance from the base weight and the slide will be 80 cents on bred heifers and 50 cents on cows. EXAMPLE: COWS ARE SOLD WITH A BASE WEIGHT OF 1050 POUNDS, SLIDE AT 1040 POUNDS, SALE PRICE IS $750.00. AT DELIVERY, COWS WEIGH 1000 POUNDS, THE PRICE WOULD BE ADJUSTED 40 POUNDS AT 50 CENTS PER POUND, OR $20.00 PER HEAD. THEREFORE, THE ADJUSTED PRICE WOULD BE $730.00 PER HEAD.

7. The Buyer has the right to provide a veterinarian of his choice at the delivery to pregnancy check and or mouth any breeding stock. If the Buyer chooses not to provide a veterinarian, he accepts the veterinarian’s certificate without recourse on the Seller or Mo-Kan Livestock Market, Inc..

Dear Cattlemen,

If you are not familiar with the sight we hope you will take a moment to visit www.lmaauctions.com. In order to watch a sale you will need a high-speed connection and to register as a viewer. If you have previously registered at lmaauctions.com” your buyer information is already in the database. If you have not registered in the past the process is quick and simple. Simply click on the Register to Bid Online button,  enter your name and email address. Finally chose a username and password that are easy for you to remember. Then click on Sign Me Up. That’s it. On your next visit to www.lmaauctions.com. just enter your username and password to view any sale. If you would like to purchase cattle you will need to be approved by each Auction Barn.   To view the sale no buyer approval is needed. The video sale will also be broadcast at all locations so buyers and sellers can participate. Log on today and watch a sale so you can get familiar with the broadcast before the video auction. 

OWNERS:

Jerry Hertzog: 816-590-6187

Jim Hertzog: 816-289-3011

Todd Hertzog: 816-813-1767