Naracoorte market report returns

31 Jul, 2015 02:00 AM
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Agents have agreed to meet half the weekly charge of the report – $100 – which will be matched by the Naracoorte Lucindale Council.
Agents have agreed to meet half the weekly charge of the report – $100 – which will be matched by the Naracoorte Lucindale Council.

MEAT & Livestock Australia's National Livestock Reporting Service recommenced reporting at the Naracoorte sheep and cattle market on Tuesday after a fortnight long absence.

The livestock markets officer was reinstated at the state's largest saleyards after a cost sharing arrangement was reached between the Naracoorte Lucindale Council and Naracoorte Combined Agents Association.

The report ceased after the council, who own and run the Naracoorte Regional Livestock Exchange, refused to pay the $200 a sale charge.

The other two thirds of the $600 report is met by grower levy funds.

In an MLA oversight they had not been charged for the reporting service for at least four years.

But in a meeting Thursday last week agents agreed to meet half the weekly charge of the report – $100 – which will be matched by the council.

NCAA chairman Laryn Gogel reiterated that agents had their own internal reporting systems each week but had decided to support it to provide information to the greater public.

"It is not a major priority for us to continue to bring livestock to the facility, just through canvassing even more stock and enabling the figures to be available to MLA for their reporting system each week we have made the decision to support it," he said.

"We are proud of everything we are achieving out there on a weekly basis."

They were unimpressed by MLA's "heavy handed tactics" giving them less than a week's notice to solve the funding issue before pulling the reporter, after initially giving them until the end of July to find a solution.

A MLA spokesperson said they were pleased to recommence reporting.

"By continuing the service, MLA's market information reporters provide producers with relevant and consistent information, a reliable marker of price, greater buying confidence and a clearer indication of market trends across the country. This is to ensure producers and livestock buyers can continue to make informed livestock marketing decisions," it said.

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    Catherine Miller

    Catherine Miller

    is Stock Journal's livestock editor and South East correspondent

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