Cattle auctions are one of the oldest and most popular ways to sell cattle. This is a process that involves the sale of cattle in a public forum where buyers and sellers come together. The word "cattle auction" can also be replaced with "livestock auction" or "cow sale". Other synonyms that can be used for a cattle auction include "cattle market", "livestock market", "stockyard auction", "ranch sale" and "flea market". These synonyms describe a variety of different events where cattle and other livestock can be bought and sold. Regardless of the name used, the purpose of these events is to facilitate the buying and selling of cattle.