Anyone heard about Newark Livestock Market!

[Wolds Beef]

@yellowbelly Can anyone shed any light if there are problems! Had text from NFU East Mids about a meeting tomorrow night.
WB

 

[Bracklandbarn]

“To discuss the possibility of the farmers cooperative investing in the market”....I received the same message, it doesn’t surprise me. My neighbour had to wait 3 weeks to be paid after selling there. Looks like they have a few cash flow issues ?

 

[shearerlad]

I thought H&H were assisting at Newark but I may be wrong

 

[scottish-lleyn]

I thought H&H were assisting at Newark but I may be wrong

Think they do some joint pedigree sales. H&H may buy them out and push south

 

[Pushdyke]

“To discuss the possibility of the farmers cooperative investing in the market”....I received the same message, it doesn’t surprise me. My neighbour had to wait 3 weeks to be paid after selling there. Looks like they have a few cash flow issues ?

Is the problem late payers or big pay outs when folk have left in a hurry.

 

[yellowbelly]

@yellowbelly Can anyone shed any light if there are problems! Had text from NFU East Mids about a meeting tomorrow night.

Heard nowt here - mind you, I don't do texticulating and I'm not a NFU member, so I guess I'm 'out of the loop'

 

[Willie adie]

Could be the scourge of all auction marts
Tick

 

[Northeastfarmer]

Could be the scourge of all auction marts
Tick

And assumption is the mother of all fuk ups

 

[onthehoof]

Used to have 400+ fat cattle a week, now just 100 odd

 

[gone up the hill]

“To discuss the possibility of the farmers cooperative investing in the market”....I received the same message, it doesn’t surprise me. My neighbour had to wait 3 weeks to be paid after selling there. Looks like they have a few cash flow issues ?

@Hfd Cattle posted about Newark on the price tracker thread the other day!

Sounds like either farmers step in and save the market with a large cash injection or its done for sadly!

 

[Hfd Cattle]

By what I understand they are asking farmers to invest £3000 each in shares to keep market afloat . Someone from Skipton Market is overseeing the process.

 

[Wolds Beef]

What has Skipton got to do with Newark?
WB

 

[Hfd Cattle]

Don't know ..... just passing on what I heard in market last week and asked on another thread but got no replies but there must be an element of truth in it ..... one of the drovers in HFD market comes from that way .

 

[Whitepeak]

I thought H&H were assisting at Newark but I may be wrong

H&H organise the pedigree sales at Newark, have done since Gentry left. The March bull sales are going ahead as planned atm, only spoke to Heather at H&H on Friday about the one on the 28th and they are busy getting schedules ready.

 

[Woolless]

Think they do some joint pedigree sales. H&H may buy them out and push south

I thought that might happen but if they're passing the hat round local farmers, maybe they've asked H+H already and been told no?

 

[yellowbelly]

 

[Woolless]

Ted Ogden is the auctioneer from Skipton, is he not?

 

[Northeastfarmer]

Ted Ogden is the auctioneer from Skipton, is he not?

Yes...a very good one

 

[Woolless]

Yes...a very good one

So presumably Skipton are pulling Newark out of the soft and smelly?

 

[David.]

As I remember, arent Newark owned by a husband and wife team, both of an age when they might take things a bit easier and not have the stress?
Mr Gentry going suddenly, and also a good man in James Sealey, and the challenge of selling sheep when one man is buying a large proportion of them, just might have unsettled their confidence in the job?
Hence gauging the likely level of support in future.