Tradition trumps technology at the marts
Online livestock sales are struggling to make an impact as farmers stick to the traditional approach for buying and selling stock
Published 23/08/2016 | 02:30
The traditional livestock trade continues to trump online selling. Despite the surge in digital buying across almost every industry, evidence suggests that farmers remain "on the fence" about the phenomenon.
Although mart managers nationwide insist that online dealing will play a more significant role going forward, they believe the option will mostly suit time-poor farmers and those buying in large numbers.
The Irish Co-operative Organisation Society (ICOS) said the transparency of the auctioneering process remains very attractive to farmers.
However, DoneDeal has confirmed that goods and services to the value of more than €28m were sold through the 'Farming Section' of the site over the last year, including €22m in livestock alone. The site currently has 6,979 farming ads, administrators says demand in livestock ads has doubled over the last couple of years.
Mayo Sligo Mart, Ballina, became the first mart in the country to provide an online bidding service to its customers in 2014. All mart sales were broadcast directly from the ring with live audio and video feed, allowing customers to view real time auctions and bid for lots from anywhere in the world.
Although it was originally set up to convenience young farmers, no longer comfortable with the traditional spit and slap of the hand, Billy Loftus, mart manager, said: "There hasn't been as many people buying on it as we would have liked.
"We always knew it was going to be a long-term sell rather than a short-term hit, but it has been a positive enough experience for us," he added.
"Initially we ran it for every sale but now we run it usually for our bigger sales. The response was very good but it did ease off, we find that when the sales get bigger, more and more people want it.