CLOUD ENABLED EXCHANGE PLATFORM FOR THE TRADING OF CATTLE IN THE UK

LiveStockEx

Our disruptive Exchange platform for cattle traders

Easy to use platform created by the world’s leading experts in financial exchange technology. Giving pricing transparency to cattle trading – a fairer and more efficient process.

Sellers: Holistic platform for farmers to manage their holdings and trade their livestock. Widens the market to a nationally connected audience. Significantly reduces frictional costs and saves time.

Buyers: Access to livestock and deadstock markets nationally. A simple process giving true market clarity. Democratic pricing, a higher level of cattle welfare and traceable food provenance.

Animals: Less physical stress on animals, lower biosecurity risk and significantly lower carbon footprint.

LiveStockEx process

  • The farmer creates a sell group from their curated inventory on LiveStockEx, enriching the passport data with other information fields as they see as necessary, then enters an offer price either per animal, per KG or for the group.

  • The price is published across the network, triggering alerts for subscribers based on LiveStockEx proprietary algorithms. Potential buyers evaluate the detailed metadata on the group, analysing conformance, and enter bids for the group, which are also published live.

  • The price evolves based on bids from the subscriber base, allowing the seller to understand market dynamics live, and respond with changes in price. Other sellers may create similar groups which link so there is price transparency on both sides of the market.

  • If there is a market match (bids equal to or exceeding offers) by the time the periodic auction expires, the trade is consummated, and parties are notified.

  • After the trade has matched, the processing of payment, regulatory reporting, verification of animals, haulage and any dispute resolution is handled seamlessly by LiveStockEx. Data on trade prices is published constantly so buyers and sellers are always up to date with market dynamics.