Types and market classes of live stock . eeders cannot be sharply separated. Butcherbulls and bologna bulls furnish still another example. It vipossible that an animal might be almost equally eligible to thrtleclasses. For instance, a heifer of a certain type and degi-ee of Types and Market Classes of Live Stock 121 flesh might at some seasons of the year, class among the poorestbutcher heifers, the best cutters, or as a stock heifer, with thechances of each about even on an average market. Such a caseis not decided until the animal is sold. If a buyer of butcherstuff bids the most, she will b
Types and market classes of live stock . eeders cannot be sharply separated. Butcherbulls and bologna bulls furnish still another example. It vipossible that an animal might be almost equally eligible to thrtleclasses. For instance, a heifer of a certain type and degi-ee of Types and Market Classes of Live Stock 121 flesh might at some seasons of the year, class among the poorestbutcher heifers, the best cutters, or as a stock heifer, with thechances of each about even on an average market. Such a caseis not decided until the animal is sold. If a buyer of butcherstuff bids the most, she will be used that way. If the cutterbuyer for the packer gets her, she is a cutter. If she is boughtby a commission firm for a farmer, she is a stock heifer. Shewill sell to the highest bidder on that days market. Commodities such as hardware, dry goods, metals, andmany other articles may be bought and sold in large quantitieswithout examining the articles because they are standardizedso that the buyer knows exactly what he will get. Even the. Fig. 36. Choice Veal Calf. grain market has been standardized. But not so the live-stockmarket. So many factors enter into consideration in deter-mining the value of an animal, and these factors vary so much,that live stock must be bought and sold in the presence of theparties concerned in the transaction, or their agents. The menengaged in buying and selling on any market differ considerablyin their opinions as to the exact requirements of the variousclasses and especially of the various grades in each class. Theyusually agree very closely on the price, yet one prominent buyermay call a certain fat steer a typical choice steer, and anotherequally well-qualified buyer may call him a typical good difference of opinion is largely explained by the fact that 122 Types and Market Classes of Live Stock they are accustomed to express values in terms of dollars andcents rather than in the grade names used in reporting the mar-kets in the new
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