Editing Auction (section)

===Commodity auctions===
[[File:Wool auction.JPG|thumb|Wool buyers' room at a wool auction, Newcastle, NSW]]
[[File:Cattle sale.jpg|thumb|Grass-fed [[cattle]] at auction, [[Walcha, New South Wales|Walcha]], NSW]]
[[File:Clearing sale.JPG|thumb|Farm clearing sale, Woolbrook, NSW]]
[[File:Auction Tsukiji fishmarket.jpg|thumb|right|Tuna auction at the [[Tsukiji fish market]] in [[Tokyo]]]]
[[File:Fish auction Hawaii.jpg|thumb|right|Fish auction in [[Honolulu]], [[Hawaii]]]]
Auctions are used to trade [[commodity|commodities]]; for example, fish wholesale auctions. In wool auctions, wool is traded in the international market.<ref>{{cite web|url=http://www.abc.net.au/rural/news/stories/s843702.htm|website=ABC Rural |archive-url=https://web.archive.org/web/20050428070919/http://www.abc.net.au/rural/news/stories/s843702.htm|archive-date=2005-04-28|title=Combined factors hit wool auctions hard|date=2003-04-30}}</ref> The [[wine auction]] business offers serious collectors an opportunity to gain access to rare bottles and mature vintages, which are not typically available through retail channels. In [[livestock]] auctions, sheep, cattle, pigs and other livestock are sold. Sometimes very large numbers of stock are auctioned, such as the regular sales of 50,000 or more sheep during a day in [[New South Wales]].<ref>The Land Newspaper, ''Prime sheep'', Rural Press, 13 August 2009.</ref> In [[timber]] auctions, companies purchase licenses to log on government land. In timber allocation auctions, companies purchase timber directly from the government.<ref>[https://web.archive.org/web/20080205043528/http://www.forestauctions.com/ Forest Auctions]</ref> In [[Electricity market|electricity auctions]], large-scale generators and distributors of electricity bid on generating contracts. Produce auctions link growers to localized wholesale buyers (buyers who are interested in acquiring large quantities of locally grown produce).<ref>{{cite journal | last1 = Gray | first1 = T. W. | year = 2005 | title = Local-based, alternative-marketing strategy could help save more small farms | journal = Rural Cooperatives | volume = 72 | pages = 20–3 }}</ref>