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HomeBeef‘Record’ store cattle prices drive Aurivo Marts’ turnover by €30m  
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
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‘Record’ store cattle prices drive Aurivo Marts’ turnover by €30m  

Aurivo livestock marts had a “strong year” in 2021, as sales turnover increased by 32.1% to €87.0m (FY20: €65.9m).

That is the figure contained in its full-year financial results for the year ended December 31st, 2021, which the globally focused agribusiness headquartered in the northwest of Ireland published today (Wednesday, April 6th, 2021).

The report acknowledges that Aurivo Marts (Balla, Ballinrobe, Ballymote and Mohill) were forced to operate online for much of 2020.

However, the business unit “strove hard” in 2021 to “retrieve lost ground”.

2021 saw what Aurivo reported to be “record” prices for forward beef cattle.

They stated that many of these cattle would previously have gone direct to the factory.

Online marts 

In last year’s report, Aurivo said that difficulties already faced by the livestock marts business were compounded in 2020 by Covid-19, with enforced closures in April 2020.

Reporting a turnover of €65.9m (2019: €67.5m), the business adapted to the environment to protect customers and employees by moving to online auctions for the first time in its history, in May and June of the previous year.

Now, Aurivo continues to successfully operate a dual (hybrid) system through the traditional mart services and through its live online service for those wishing to purchase livestock remotely.

Stephen Hannon

Last year, we interviewed Stephen Hannon, general manager of Aurivo Marts and manager of Balla Mart, Co Mayo.

In 2020, the Sligo beef farmer became general manager of Aurivo Marts and was appointed manager of Balla Mart, Mayo.

The Ballymote native, took over the general manager position from Martin Walsh, who filled these shoes for over four decades.

Stephen joined Aurivo Marts in 2006, securing two managerial appointments.

Before joining Aurivo, he studied dairy farm management at Kildalton Agricultural College and Clonakilty Agricultural College in 1987. He gained vast experience managing large dairy farms as part of his studies and later worked for Dawn Meats.

Read this interview in full.

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