How Beef Stock Market Works
The
Beef-Stock Market is a simple-to-use web site enabling anyone
with access to the Internet, an Australian Business Number, a
BPAY enabled Bank Account and a current email address to participate
in the Australian beef cattle industry.
"Having a cattle property
ourselves we are well aware of the risks and benefits associated
with this primary industry. We decided to invest with BSM because
we believe that their economy of scale, and experience in backgrounding
and marketing into the feedlot industry will minimise our exposure
to the possible risks." BSM Cattle Owner,
Roma, Qld. Australia

Cattle Prices:
You can purchase one or an entire herd of beef cattle through
the Beef Stock Market website. Cattle are purchased from BSM Beef Pty. Ltd. in a private sale. Indicative Finished Prices are the
prices BSM can secure for the cattle as an
agent for you. Unfinished cattle are sold back to BSM at a
lower price with no commission.
Our “welcome” page quotes
three prices:
| Buy Price |
The price per kilogram at which you can
purchase cattle |
| Indicative Unfinished Sell Price |
The price per kilogram for which cattle
can be sold outside the period in which the livestock manager
suggests it be sold. |
| Indicative Finished Sell Price |
The price per kilogram for which cattle
can be sold when the livestock manager suggests. |
Prices are all in Australian dollars ($AUD) and are revised at sale times. The
quoted prices include GST however Finished Sale Prices don’t include transport costs to market, compulsory industry levies and additional marketing costs. See our pricing
policy for more information.
Note: Non-GST registered buyers have a pricing structure that
reflects the actual amounts after GST has been taken into
consideration by BSM, its suppliers and customers (who are all GST
registered).
Fees and Charges
During ownership:
| Grazing Fees |
$1.15/kg gained - payable by direct
debit each time your cattle are weighed. |
At sale time:
| Agent's
Commission |
3% of the full sale amount. |
| Compulsory Industry Levy |
$5/head |
|
Other Sale Costs |
Additional selling costs may include transport to market,
marketing & advertising costs, official weighing etc. |
Sales fees are automatically deducted
from your sale proceeds.
You may also be liable for additional
veterinary expenses should one of
your animals become ill. You will be
notified should this occur.

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How to purchase stock:
To purchase cattle through the Beef Stock Market,
you need to read our Terms and Conditions of Cattle Purchase,
Management and Sale, and complete the Registration and Order
Form. Before completing the form, you will need to:
- determine how much you wish to spend
on purchasing cattle;
- have a BPAY enabled bank account;
- have a current email address;
- be able to authorise BSM to directly debit backgrounding costs;
- have an Australian Business Number
or, alternatively, sign a hobby declaration form.
If your purchase order is complete and otherwise
in order, we will allocate you with as many animals as possible
up to the total amount you wish to spend. You must spend at least
enough to purchase one animal (approximately $AUD550 inc. GST).
All amounts must be paid using BPAY. You can only purchase a
whole share in an animal as we will not allocate part shares
in an animal between a number of different purchasers. If the
amount you state in the registration form does not allow you
to buy a whole share in an animal, we will only supply you with
the number of whole animals that can be purchased for the amount
you wish to spend.
Once your order has been accepted by us, you
will receive an invoice followed by confirmation of purchase
within seven days of receiving your payment. Also, you have the
option of receiving monthly reports on weight gain, paddock condition,
rainfall, and market trends e-mailed to you by the Livestock
Manager. By using electronic identification, stock progress is
monitored throughout the time you own them.

Why not Join up now? Or to be updated on stock
progress and seasonal and market conditions Please join our mailing
list. Sign
up for Free...
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How to sell stock:
To sell your stock (or any part of it), you need
to decide whether to sell at the Finished Sell Price (which you
will obtain if selling when we suggest) or the Unfinished Sell
Price. The Finished Sell Price is generally higher than the Unfinished
Sell Price. Our Livestock Manager will notify you by email when
he believes your animal is ready for sale at the Finished Sell
Price. Sales at the Finished Sell Price would generally occur between
6 to 12 months after purchase of each animal. If you wish, you
can automate the selling process by choosing at registration to
sell all your cattle at the Finished Sell Price. To do so you must
elect to use the Free Sale Management Service by ticking the appropriate
box in the Registration and Order Form. We will then automatically
sell your cattle at the optimum weight and time to ensure you receive
the highest possible return on your investment and take care of
the sale process on your behalf. After sale of your stock, your
net sale proceeds are returned to a bank account of your choice.
Read our Questions Page for more information
or contact us.
We will charge you a weight-gain based grazing
fee of $1.15 inc. GST(per kilogram gained). This fee occurs each time your cattle are weighed
at the paddock, and is direct debited from your selected bank account. This fee
covers
the cost of feeding your animal/s, all handling, identification,
agistment and agent's costs. Certain standard veterinary medication
costs and expenses will also be included in this fee. CLICK HERE for more information on these charges.
Additionally, we will also charge you a 3% commission at sale time based on the purchase price and sale
price of each animal respectively. The commission charge will be deducted from your sale
proceeds. Usually there are additional costs associated with getting cattle to market which are deducted on the sale invoice.
The net return is paid to you by direct deposit to your
bank account.
As shown in our Returns Forecasts Page, this opportunity is not
only interesting and fun but has the potential to perform for you!
As an additional benefit you may also wish to investigate tax advantages
you may be eligible to receive by owning primary production related
stock.
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