Weekly livestock auctions are events where farmers and ranchers sell their animals, such as cattle, sheep, and pigs, to buyers. These auctions typically take place at designated facilities, allowing sellers to showcase their livestock to potential buyers. The auctions are often held on a specific day each week, providing a regular opportunity for transactions. During the auction, animals are sold to the highest bidder, with prices determined by factors like weight, breed, and overall quality. Buyers may include meat processors, feedlots, and individual consumers looking to purchase livestock for various purposes.