The Livestock Auctioneers' Association Limited (LAA)

Trade Talk - Tom Greenow, Market Manager, Gisburn Auction Marts

12th June 2020

It has been a busy first half of the year here at Gisburn, with numbers up on previous years in all sections. Throughout the period trade has been buoyant, with ewe and lamb couples as dear as they have ever been and prices exceeding £200 per outfit being a regular theme. Prime sheep trade will have offered some encouragement to those buying couples, with Saturday’s sale seeing spring lambs average almost £100, and cast sheep remaining a strong trade.

Cattle continue to be on fire with rearing calf trade needing to be seen to be believed with highs in rearing calves of £495, with some quite incredible averages reported. Stirks and store cattle followed suit and Saturday saw store cattle trade shift up another gear, topping at £1320 as buyers look to catch up on numbers they couldn’t buy earlier, with markets missing some sales due to COVID-19. A rise in prime beef trade is welcome, but essential too.

We are fortunate to boast a thriving weekly Dairy section, which has continued to grow, despite the restrictions imposed on marts in response to COVID-19. Considering the fluctuations in milk price, trade has remained very good, with weekly highs generally around the £2200-2400 bracket.

During the period of restriction due to COVID-19, it is our aim here, as well as at other marts, to always remain open for trade and allow competition to establish price. Failure for marts to remain open would be disastrous for the farming industry, as the larger processors and agents would be left with free hand to dictate price.

As we look forward to some level of normality returning please remember which part of the sector battled to maintain a competitive platform for your trade – the mart.

Sell Live and Thrive has never been so appropriate!