Valley Video Hay Auctions presents Hay Time

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1 Valley Video Hay Auctions presents Hay Time Auction Wednesday June 8th, 2011 To Thursday June 9th, 2011 Bidding starts 8:00 AM MDT Wednesday June 8th, 2011 To 2:00 PM MDT Thursday, June 9th, 2011 Hay NIR Tested Selling Load Lots by Video Slides For more information call Or Barry McRea All buyers must register.

2 Hay NIR Tested Selling Load Lots by Video Slides HAY AUCTION Valley Video Hay Markets Presents Hay Time Auction Wednesday June 8th & Thursday June 9 th,2011 Bid Opens 8:00 AM MDT Wednesday, June 8 th, 2011 Bid Closes 2:00 PM MDT June 9 th, 2011 TERMS $1000 per load deposit is required at time of sale. Deposit will be credited with shipment and payment on a per load basis. Buyer is expected to arrange for hauling/delivery of hay purchased within 30 days of purchase. If hay is not picked up within 30 days, arrangements must be made and approved by both hay sale management and seller. If no such approval is obtained, and hay is not picked up within the required 30 day period, the deposit will be forfeited and hay will be put back on market. If Buyer defaults, he will forfeit his down payment. Seller shall be responsible to load the same stack as represented on the sale. Hay needs to be in the same condition as represented on the sale contract, when loaded on the truck. Seller is responsible for checking for excessive moisture in hay; brown or tobacco color hay from excessive moisture in bale, shall not be loaded and hay condition must be reported to the Sale Representative and Buyer. The sale of that lot will be terminated. If said hay is loaded and sent to Buyer, the Seller will be responsible for all costs of the rejected hay, including freight. Seller is responsible for providing loading on to buyer s truck. Seller is also responsible for arranging and paying for weighing on certified truck scale. These weigh tickets are the settlement weights that will be used for settlement for both seller and buyer. Buyer is welcome to reweigh hay at destination, but destination weights will have no effect on settlement and should not be forwarded to Valley Video Hay Markets / Torrington Livestock Markets. Buyers PAYMENTS Valley Video Hay Markets and Torrington Livestock Markets expect to receive payment in full for hay sales within 7 days of invoice date. Buyers that are unable to deliver payments within the required 7 day period, may be assessed a late payment fee of 18% on balance. Seller PAYMENTS Valley Video Hay Markets and Torrington Livestock Markets will pay hay sellers in full for hay purchases within 7 days of receiving the scale tickets. There are a number of good options that will allow buyers to deliver their payment in a timely fashion. Money Wires: Pinnacle Bank, 2000 Main Street, Torrington, WY ABA Routing # Acct # Credit: Torrington Livestock Markets, LLC, Torrington, WY Over-Night Mail: Torrington Livestock Markets, LLC, PO Box 1097, Torrington, WY Fed-Ex, UPS, Etc.: Torrington Livestock Markets, LLC, 626 West Valley Highway, Torrington, WY Contacts: Valley Video Hay Markets Barry Bookkeeping First time buyers need credit approval prior to bidding. Internet buyers must make credit arrangements by 1:00 pm MT day of the sale. Hay Descriptions Supreme: Very early maturity, pre bloom, soft fine stemmed, extra leafy. Factors indicative of very high nutritive content. Hay is excellent color and free of damage. Premium: Early maturity, i.e., pre-bloom in legumes and pre-head in grass hays, extra leafy and fine stemmed factors indicative of a high nutritive content. Hay is green and free of damage. : Early to average maturity, i.e., early to mid bloom in legumes and early head in grass hays, leafy, fine to medium stemmed, free of damage other than slight discoloration. Fair: Late maturity, i.e., mid to late bloom in legumes and head in grass hays, moderate or below leaf content, and generally course stemmed. Hay may show light damage. Utility: Hay in very late maturity, such as mature seed pods in legumes or mature head in grass hays, course stemmed. This category could include hay discounted due to excessive damage and heavy weed content or mold. Defects will be identified in market reports when using this category. Auction Company makes every effort to represent hay properly. However no guarantee is made on test. Wide variations are possible between test samples and different labs, our Tests should be used as a guide only.

3 All printed information regarding this sale is merely a guide, subject to change, and neither the Auction Company, Sellers, nor Publishers shall be liable for any errors during this sale.

4 Andy Pinkley 6/9/2011 Est. # of Loads 7 Tons/Load Premium KS 4x Olsen Elkhart, KS Nice soft leafy dairy hay. Lot # Stack ID Seller Sale Date Brent Lanier 6/9/2011 Est. # of Loads 5 Tons/Load KS 4x Loose Olsen Elkhart, KS, baled dry, had 1/10 rain.

5 Andy Pinkley 6/9/2011 Est. # of Loads 12 Tons/Load KS 4x Fair MQT Elkhart, KS Nice feeder hay, green & dry. Lot # Stack ID Seller Sale Date Ross Bethers 6/9/2011 Est. # of Loads 1 Tons/Load Supreme WY Olsen Torrington, WY y soft clean nice dairy hay.

6 Ross Farms 6/9/2011 Est. # of Loads 5 Tons/Load Supreme Shed SDK E Great Bend, KS Very nice dairy hay in shed. Lot # Stack ID Seller Sale Date Ross Farms 6/9/2011 Cutting Est. # of Loads 2 Tons/Load nd Premium Shed SDK E Great Bend, KS Nice leafy hay in Shed, 2nd cut.

7 Ross Farms 6/9/2011 Est. # of Loads 5 Tons/Load PREM Shed SDK E Great Bend, KS dairy hay in shed.

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