Similar to the other members in our We Are LMA series, LMA President Mark Barnett is dedicated to his buyers and sellers through a clear passion. That passion however, pushed him to take a step further and get more involved in the industry he serves. Hear from Mark in this membership feature!

We Are LMA - KYTN Livestock Market

We Are LMA

Miss a recent LMA event? See all of our association's event photos here!

Event Photos

LMAAuctions is the real-time live internet auction service of Livestock Marketing Association.

LMA Auctions

As a member, you gain access to great features such as:

Access to member-exclusive news and information

Become a member

North America's largest membership organization dedicated to supporting, representing and communicating with and for the entire livestock marketing sector.

2023 LMA Annual Convention and World Livestock Auctioneer Championship

The LMA Annual Convention & WLAC is headed to Florida June 7-10, 2023! The convention will be held in Punta Gorda, Florida, and the World Livestock Auctioneer Championship will be held at Arcadia Stockyards in Arcadia, Florida. 

2023 WLAC Promotional video - Arcadia, FL

Thank you to our sponsors!

Don't miss out on the fun - register today for the 2023 LMA Annual Convention & WLAC!

Event Registration

A 2023 economic impact study, which updated a study from 2017, found that livestock auction markets continue to be important for the growth and vitality of rural communities. The study of an average, fixed-facility livestock auction market revealed that the market provides approximately $2 million in total value-added dollars to its local community. This result is up from $1 million identified in the 2017 Livestock Marketing Association (LMA) Economic Impact Report.  

The case livestock auction market, located in a rural Missouri town with a population of less than 5,000, sells all classes of cattle in a weekly sale. The auction market was selected as a representative example of LMA member-livestock auctions based on type of operation, gross sales of livestock, rural location of market and population of city. LMA represents 85% of the livestock auction markets in the United States, with cattle being the largest per-head species sold through livestock auction markets annually (32 million head, per 2020 USDA P&S Annual Report data). 

Key findings also revealed that the market studied provides 17 jobs, generating $888,000 in labor income to the community’s economy. Additionally, the market contributes $447,000 in local taxes and $108,000 in federal taxes. Of the total value-added number, contributions were also made by the on-site café, which further provides labor income, state, local and federal taxes.  

“Livestock auction markets today remain critical to helping our rural communities continue to thrive,” said Kristen Parman, LMA Vice President of Membership Services. They generate a competitive sale environment which results in cash for local livestock producers. That cash equals dollars spent in town and investments back into their businesses and operations.” 

In collaboration with LMA, the study was completed by Decision Innovation Solutions in Urbandale, Iowa. 

A copy of the report can be downloaded here.