Payment

Effective November 18, 2010 the following terms will be enforced uniformly:

Payment for livestock is expected before livestock leave the facility unless otherwise provided for within the regulation of the Packers and Stockyards Administration and approved by the manager of the market.

In cases where the P&S regulations provide for later payment those payments must be placed in the U.S. Postal Service system or hand delivered to one of our locations by the close of the next business day following the sale. Furthermore, payment should be mailed in such a manner that it will arrive in the office of Market Management Services no later than noon of the second business day following the sale. Any account, failing to comply with this policy is subject to an immediate suspension of buying activity. Any suspension of activity will be effective in all locations.

We will work with all our customers to smoothly implement this policy with the least disruption to business possible. Please feel free to contact our business offices to work through any issues you may have.

Market Management Services, LLC
4561 Iron Works Pike
Lexington, KY 40511