Forbes’ Central West Livestock Exchange (CWLE) will hold its first Store Sale in three years this month, with a strong livestock market and the capacity for online bidding via StockLive driving the decision. Cassi Walmsley, Manger Livestock Exchange at Forbes Shire Council, said that while the drought had led to the temporary halt of Store Sales, Council was encouraged by the strong January results across the board and the performance of online bidding platforms like StockLive.
“We’ve been planning to reinvent our Store Sales for some time and have been monitoring the market to see when the time was right. We’ve seen the strong demand and prices generated by StockLive, with online bidders lifting the price, and we see the time is right to harness that momentum,” she said.
The Store Sale will start at 10am on Friday, 19 February. Pre-sale catalogues and marketing will provide buyers with the opportunity to pre-plan, which is a proven component of StockLive’s ability to deliver successful outcomes for their partner saleyards. StockLive Manager Libby Hufton said they were thrilled to be supporting CWLE and the return of their Store Sales.
“StockLive continues to deliver great results as witnessed throughout the January weaner sales with the robust market boosted by the ability of a wider pool of buyers to bid online. This delivers on our goal of enabling the saleyard industry to expand market access and we’re looking forward to adding CWLE to the growing network of StockLive enabled yards.
“For anyone new to StockLive, the process is simple – you visit the StockLive website and register your details to become an active bidder on your selected sales.”
To register to bid or access the pre-sale catalogue, buyers should head to www.stocklive.com.au