Produce Auction Tips
If you live close to a farming community, you are probably familiar with a produce auction. Produce auctions allow farmers to sell their goods directly to buyers on an auction block, much like in any other auction. Farmers can wait in line to sell their produce, and they are brought to the auction block in line order. Most produce auctions charge a certain percentage in commission, but this amount is typically less than five percent. The produce auction is an excellent way for farmers to sell their produce right after it is harvested. Both large and small buyers can make purchases at a produce auction. Most of the time, all buyers must register for the auction, and they pay for their goods at the office. Most produce auctions take only cash or checks, but this varies from auction to auction. Buyers are typically responsible for transporting their purchases, so if you are planning to buy truckload of watermelons, you should make sure you bring the truck along with you. Most produce auctions do not charge fees to the purchasers of goods. They are merely required to immediately pay the amount of the bid. Typical buyers include small grocery store operators and other shop owners, especially in small towns. There are also individual families that make purchases, and sometimes large grocery store chains will send purchasers out to look for good deals at produce auctions, as well. The produce auction is typically run by the auction manager, and he is responsible for conducting the auction's proceedings. Often times, sellers can put items other than fruits and vegetables on the auction block, but these must be farm products and they must obtain prior approval from the auction manager. Because of this, you never know what you might find at your local produce auction. Whether you are a buyer or a seller, you can benefit from participating in a produce auction.