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HomeBeefAurivo Marts’ revenue rises to €98.9m with cattle prices up 11.8%
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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Aurivo Marts’ revenue rises to €98.9m with cattle prices up 11.8%

Aurivo Marts’ revenues rose by 13.7% to €98.9m (FY21: €87.0m), in 2022, according to its full-year financial results for the year ended December 31st, 2022, which the co-operative release today (Wednesday, May 3rd, 2023), writes farming journalist, Catherina Cunnane.

Aurivo Marts had a “strong year” in 2022, with cattle numbers up by 4.5% on the prior year, while sheep numbers fell by 9.4% on 2021 levels.

According to the report, throughput for the year stood at over 76,000 cattle at its marts in Balla, Ballymote, Ballinrobe and Mohill, with the average price of cattle up by 11.8% in 2022, on the back of a strong mart and factory trade nationwide.

During 2022, Aurivo Livestock Mart Balla hosted an array of special sales in October next month to celebrate 50 years in business.

2021

Meanwhile, 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.

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.

An interview with Stephen Hannon

In 2020, Sligo beef farmer, Stephen Hannon, became the general manager of Aurivo Marts and manager of Balla Mart, Co Mayo.

The Coolfadda, Ballymote native, moved to fill the general managerial position after Martin Walsh’s retirement, following over 40 years of service.

Stephen joined Aurivo Marts, which operates four livestock mart centres in the west, in 2006, securing two managerial appointments.

Before joining Aurivo, Stephen studied dairy farm management at Kildalton Agricultural College and Clonakilty Agricultural College in 1987.

He previously managed dairy farms as part of his studies and later joined Dawn Meats before carving a career in the livestock marts industry.

“In 2013, I took over the management of Ballymote Mart and Mohill Mart. My career progressed then to its present situation, which is general manager of Aurivo Marts and manager of Balla Mart,” Stephen Hannon told That’s Farming.

“Some of the best cattle in the west comes to Balla Mart. The buyers come from all over the country for good store cattle in this mart. A lot of the store cattle here go to the east of the country.”

“Balla Mart covers a huge area of Westport, Achill, parts of Sligo, and Roscommon. At peak times, the mart would have a staff base of 35 people, with three full-time and the rest part-time,” he added.

Read the interview in full.

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