Excerpt from Improving Livestock Marketing Efficiency: A Study of Nine Cooperative Livestock Markets in Ohio, Indiana and Michigan Each of the nine markets Operated a weekly auction. In addition most of them also sold some livestock primarily hogs on other days of the week. During the study, the facility layout and Opera tion of each was studied in detail and records showing volume of receipts and detailed costs and income were analyzed. This report thus shows comparisons of these nine markets. It also gives suggestions for improved efficiency based on these findings. It was not possible to make all the desired comparisons of costs because sufficient records had not been kept to show accurate costs by species. Also, the associations maintained different types of accounting systems. However there was enough similarity to adjust the records for definite comparisons of the major items. The nine markets varied widely in efficiency. A market might be doing a good job in one respect but have unduly high costs in another. For the most part the variation followed a pattern in line with the economies of scale concept; that is, the largest markets showed lowest costs and greatest efficiency. However, there were notable exceptions. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.