Hence comes the competition that is created by an auction. If the industry was made up of just country buyers. I think it would be very slow getting to the bottom of the chain. If it ever does . It seems that it would just be to tempting for the feeders to keep just a bit more of those profits for themselves, unless there is some one else bidding on the cattle, with the idea that he can do it just a little bit better and make just a bit more profit.
Competition is what our industry is all about.
Lets not lose it .