A cattle auction is a public sale where livestock, particularly cattle, are sold to the highest bidder. Farmers and ranchers bring their animals to the auction, where they are displayed and evaluated by potential buyers. The auctioneer facilitates the bidding process, calling out prices and encouraging buyers to place their bids. These events are important for the agricultural economy, allowing sellers to find competitive prices for their livestock while giving buyers the opportunity to purchase quality animals. Cattle auctions can take place in person at auction houses or online, making them accessible to a wider audience of buyers and sellers.