Examination Practice Questions And

Illinois Livestock Auctioneer Licensing Examination Practice Questions And Correct Answers (Verified Answers) Plus Rationales 2026 Q&A | Instant Download Pdf

• What is the primary purpose of a livestock auctioneer?
• To purchase livestock for personal use
• To facilitate the sale of livestock between buyers and sellers
• To raise livestock on a farm
• To provide veterinary services
• To facilitate the sale of livestock between buyers and sellers

Rationale: The auctioneer acts as a neutral intermediary to ensure

fair market transactions.

• Which type of livestock is most commonly sold at auctions in Illinois?
• Sheep 1 / 4

• Goats
• Cattle
• Poultry
• Cattle

Rationale: Cattle are the primary livestock sold at most Illinois

auctions, followed by hogs and sheep.

• What is required to legally operate as a livestock auctioneer in Illinois?
• A high school diploma
• Illinois Livestock Auctioneer License
• USDA inspection certification
• Ownership of an auction facility
• Illinois Livestock Auctioneer License

Rationale: Illinois law mandates that anyone conducting livestock

auctions hold a valid state license.

• How often must a licensed livestock auctioneer renew their license in

Illinois?

• Annually
• Every 2 years
• Every 3 years
• Every 5 years
• Every 2 years

Rationale: Renewal every two years ensures continuing compliance

with state regulations. 2 / 4

• Which of the following best describes a “reserve price”?
• The starting bid
• The minimum price a seller is willing to accept
• The final sale price
• The auctioneer's commission
• The minimum price a seller is willing to accept

Rationale: A reserve price protects the seller from selling below their

acceptable value.

• What is the primary function of a livestock sale barn?
• Housing livestock for long-term care
• Facility for conducting livestock auctions
• Veterinary treatment of animals
• Feed and supply sales
• Facility for conducting livestock auctions

Rationale: Sale barns provide the infrastructure for efficient and

organized livestock auctions.

• What must an auctioneer do if a sale falls below the reserve price?
• Sell to the highest bidder anyway
• Cancel the sale or negotiate with the seller
• Keep the livestock for themselves
• Report to the USDA
• Cancel the sale or negotiate with the seller 3 / 4

Rationale: The reserve price legally protects the seller; the auctioneer

cannot enforce a sale below it.

• Which federal agency regulates livestock movement for interstate

commerce?

A. FDA

B. USDA

C. EPA

D. CDC

B. USDA

Rationale: The United States Department of Agriculture oversees

livestock health, movement, and inspection standards for interstate commerce.

• How should an auctioneer handle bids that are unclear or ambiguous?
• Choose the highest bidder
• Ask for clarification from the bidder
• Ignore the bid
• Repeat the bid as stated
• Ask for clarification from the bidder

Rationale: Clarifying bids ensures fairness and prevents disputes

during the auction.

• What is the maximum number of animals that can typically be

sold in one lot?

• 1
• / 4