Livestock auction marts – an undervalued asset
Published June 1st, 2007
WHILE livestock markets experience an unrivalled trade for breeding and store stock, farmers are becoming more and more aware of their value to the agricultural industry.
There is no other system of marketing that can find a competitive buyer for the largest, smallest, fattest and leanest animals all at the same time and to one captive audience; more often than not the farmer will leave the auction mart having knowingly sold his animals to their best advantage, and with his money firmly in his pocket.
This spring has seen an outstanding trade achieved for all categories of store and breeding stock, with dairy cow sales seeing prices well above the expectations of any valuer 12 months ago. These prices have been helped with the continual insurgence of bovine TB, which has caused a dramatic shortage throughout the UK, even when we are experiencing the largest exodus of farmers from milk production seen for many generations.
Store cattle continue on a high with increased numbers presented through the auction ring and buyers travelling from throughout the UK and Europe to the largest centres.
http://www.farmersguardian.com/story.asp?sectioncode=38&storycode=10151
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