The Livestock Marketing Association is now offering an internet-based system to market livestock. The website, LMAauctions.com, allows producers to buy and sell livestock online from an internet connected computer. More than a dozen livestock auctions in several states are participating and more are planning to. “They expose the producers’ cattle to more than just the buyer sitting ringside,” says Randy Patterson, president of the LMA, “it puts these cattle into a bigger field of buyers to look at them.” The LMA president says the website brings additional value to internet-based livestock sales, however he says internet livestock sales will probably never completely replace live auctions at sale barns. Among the states with markets currently participating in LMAauctions.com are Missouri, Nebraska, Iowa, South Dakota, Georgia, Texas, Wyoming and Colorado.

Posted: 11|26|05 at 10:14 am. Filed under: US News.