Class Codes & Rates:

Code 8288 is applied to insureds operating as livestock or cattle dealers or commission merchants. The operations of the livestock or cattle dealers involve purchasing the animals from farmers or ranchers and driving or delivering same to shipping points. It includes holding and feeding the animals when they are held over awaiting shipment. The classification contemplates the loading of the livestock or cattle into railroad cars and the feeding and watering during transit. Commission merchants, who usually act as the intermediary between the dealers and the stockyards or final purchasers, usually maintain offices near the stockyards. Their buyers, who go out and look over stock which they may purchase from the dealers, are contemplated within the scope of Code 8288, as are employees who inspect stock as it arrives at the stockyard and employees who show the cattle or stock to prospective customers. This latter operation involves walking around through the pens or in some cases on walks built upon the tops of the pens.