What is the term for livestock sales that occur directly on the vendor's property?

The term for livestock sales that happen directly on the vendor's property is known as paddock sales. This method allows the seller to retain control over the sale process and provide direct access to potential buyers. By conducting sales from their own location, vendors can create a more personal connection with buyers and showcase their livestock in a familiar environment.

Paddock sales typically involve a direct negotiation process between the seller and the buyer, which can lead to a more tailored transaction that meets the needs of both parties. This is particularly beneficial in the agricultural sector, where understanding the quality and condition of the livestock being sold is crucial.

The other options refer to different methods or platforms of livestock trading. Over the hooks typically involves a transaction where livestock is sold based on the weight and condition after processing. AuctionsPlus is an online platform for livestock sales where bidding takes place. Forward contracts are agreements between buyers and sellers to purchase livestock at a predetermined price at a future date, which is a different method from selling directly on the vendor's property.