New bulletin examines marketing costs when deciding which livestock market to use

Livestock producers should consider both marketing costs and price when looking at market options, according to a new bulletin from the University of Wyoming Extension.

Market prices tend to be considered first, but shrink and commission fees can be up to 90 percent of marketing costs for livestock, the authors stated.

Three different marketing options are shown with example costs and prices to help show producers which market might be best to their bottom lines.

“Which market gives me the best price for my cattle? Think about marketing costs as well as price!” B-1303, is available for viewing and free download by going to www.uwyo.edu/uwe and clicking the Find a Publication link. Type the name or bulletin number into the search fields. The bulletin is available in PDF, HTML or ePub formats.