Complete definitions of terms in the livestock marketing area are provided here to eliminate any misunderstanding of a market news broadcast or article. General Market Terms Bulk Majority or largest portion. Carload Average of 25 cattle or 75 hogs per deck, and 120 sheep per deck of a semi-truck. Commodity A good that is used in trade or industry and can be transported. Demand Desire to possess a commodity coupled with the willingness and ability to pay.
Few buyers are interested in trading.
Eleven markets Kansas City, Omaha, St. Joseph, St. Paul, Sioux Falls, Joliet, Oklahoma City, Peoria, Fargo, Chicago. In certain cases. Market A geographical location where a commodity is traded. A price or price level at which a commodity is traded. Market activity Pace at which sales are being made.