Do Any Farmers Own Auction Companies?

[Frank-the-Wool]

There are many markets that are owned and run by Market Companies which historically were mostly farmer shareholders which continue to work well. Our local market at Ashford is one of the oldest registered companies in England.
Markets these days always need something other than livestock a day or two a week to make any money.

Are there any Auction companies that are still owned by Farmers?
I know there were some but most went bust and suffered from serious bad debts.
Are there any left which are successful?

 

[exmoor dave]

Exmoor farmers livestock Auctions

Market sites at cutcombe and blackmoor gate

 

[yellowbelly]

Selby has quite a few farmers (along with other businessmen) on it's board of directors.

 

[Anymulewilldo]

Hawes Auction Mart
Bentham is farmer owned but the actual auctioneers are Richard Turner and Son
I think that Penrith is farmer owned too but not 100% on that
I know a few of the small seasonal marts up Scotland are farmer owned and run by either Dingwall or UA.

I wouldn’t be surprised if there are quite a few of the smaller local auctions that are farmer owned?

 

[tinsheet]

Exmoor farmers livestock Auctions

Market sites at cutcombe and blackmoor gate

And bloody good it is to

 

[Fendt516profi]

Wharfedale

 

[Northern territory]

Penrith is, they are trying to do something at our local market Malton but struggling to get the funds from local council to build it. Land available.

 

[Frank-the-Wool]

Yes I know the market sites are mostly owned by Farmers, but how many own the Auction/Trading company that takes the risk on the sales.

 

[Anymulewilldo]

Just asked, Bentham Auction Mart is farmer owned and run. The auctioneers are employed too do the work but it’s the farmer directors who control the job.

 

[exmoor dave]

Yes I know the market sites are mostly owned by Farmers, but how many own the Auction/Trading company that takes the risk on the sales.

Exmoor farmers again

 

[exmoor dave]

And bloody good it is to

Drovers are abit dodge though

 

[Frank-the-Wool]

Exmoor farmers again

That is interesting because there can't be very many where the farmers take the trading risk. I would be interested to learn a bit more about how this is run as I don't think there are many others.

 

[exmoor dave]

That is interesting because there can't be very many where the farmers take the trading risk. I would be interested to learn a bit more about how this is run as I don't think there are many others.

Ah.... I might be wrong on that, sorry I thought you were asking if the actual Auctioneering company (as well as the sites) were farmer owned,
I don't think the risks are run back to the share holders, beyond the risk of the limited company folding and farmers losing their shares

 

[Frank-the-Wool]

Ah.... I might be wrong on that, sorry I thought you were asking if the actual Auctioneering company (as well as the sites) were farmer owned,
I don't think the risks are run back to the share holders, beyond the risk of the limited company folding and farmers losing their shares

No lots of sites are farmer owned which is probably why they seldom make any money. The auction companies if they have avoided bad debts mostly do quite well but tend to be companies that have estate and land agency as part of the portfolio.

My question is are any auction /trading companies that take the financial risks farmer owned.

 

[yellowbelly]

My question is are any auction /trading companies that take the financial risks farmer owned.

Selby - Trades as S.L.A.M. which is a private limited company which is wholly owned by Marshalvane Ltd, the holding company, of which there are 6 directors that are farmers, 2 directors that are butchers, 4 directors that are auctioneers plus one 'other'.

MARSHALVANE LIMITED people - Find and update company information - GOV.UK

MARSHALVANE LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

 

[Frank-the-Wool]

Selby - Trades as S.L.A.M. which is a private limited company which is wholly owned by Marshalvane Ltd, the holding company, of which there are 6 directors that are farmers, 2 directors that are butchers, 4 directors that are auctioneers plus one 'other'.

MARSHALVANE LIMITED people - Find and update company information - GOV.UK

MARSHALVANE LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Thanks for that info. Do they also own the market site?
Does Selby still trade a lot of pigs?
Presumably not a lot of sheep and cattle in that area.

 

[jackp]

No lots of sites are farmer owned which is probably why they seldom make any money. The auction companies if they have avoided bad debts mostly do quite well but tend to be companies that have estate and land agency as part of the portfolio.

My question is are any auction /trading companies that take the financial risks farmer owned.

Penrith farmers mart is owned and run by the farmer share holders so they do take the risk, but they do not own the premises , they are owned by the original auction company Penrith farmers and Kidd’s

 

[jendan]

Just asked, Bentham Auction Mart is farmer owned and run. The auctioneers are employed too do the work but it’s the farmer directors who control the job.

Same as Hexham and Northern.

 

[yellowbelly]

Do they also own the market site?

I think so, but wouldn't know for sure. That link to the holding company shows a charge on what looks like it is the premises but I don't know my way well enough round Companies House information to say.

Does Selby still trade a lot of pigs?

A lot of very good pigs every week.
Sheep varies a bit with season 200-400?? a week.
Cattle, probably 300-350?? a week.

Very reasonable commission charges. Don't charge for washing out.

HOME - Selby Livestock Auction Mart

A luxurious Georgian mansion in York with great bedrooms and one of the city's finest restaurants. Book direct for best prices and exclusive special offers.

www.selbymart.co.uk

 

[Agrivator]

Copied from their website:

Aberdeen and Northern Marts, part of the ANM Group, is one of the largest farmer-owned auction businesses in the UK delivering a growing range of services and benefits to its members and customers.

Annual sales exceed £100 million and annually more than 100,000 store, prime and breeding cattle and over 300,000 store, prime and breeding sheep are handled at our two purpose-built auction centres at Thainstone Centre in Aberdeenshire and Caithness.

Beyond livestock auctions and other sales, and a host of other services such as financing and direct marketing, we act as a trusted proactive voice for the sector at a national and local level: ensuring the industry is fit for the future.