Could Louth's Cattle Market disappear for good?
The annual fatstock auction and competition, held at the Louth cattle market is a staple Lincolnshire tradition
By Grimsby Telegraph | Posted: 13 Jul 2017
The future of Louth’s historic Cattle Market hangs in the balance as scheduled talks are due to take place today.
The future of Lincolnshire’s last remaining live stock market was thrown into turmoil after East Lindsey District Council announced it is considering three options for the site.
The auctioneers who run it have been given notice to quit by the end of the year but they say they remain committed to the site.
The three options being considered are:
- To sell the site to developers for a retail facility and move to Fairfield Industrial Estate at the cost £5million *
- Refurbish the current site at the cost £700,000 for repairs
- Get a private Act of Parliament and remove the council’s obligation to provide a cattle market - thus seeing it demolished
If the site is sold to preferred bidders ADV Partnership, a retail facility for Louth will be inevitable as that is what they have set out in their proposals.
The market currently runs once a week and has created a net income of £25,877 since April 1, 2008 but farmers say the council is “not making the effort” to improve the current site.
Farmer Jim Sutcliffe, who owns Meridian Meats in Eastgate in Louth, understands the market is “not as busy as it used to be” but he says the council should “take a leaf out of the book” of other markets in the country.
“We need to try and subsidise its existence with antique fairs, food festivals and car boot sales,” he told our sister site Lincolnshire Live.
“It’s a fantastic site. I would say redevelop the existing site and build a new market on it.
“If I was in charge, I say revamp the current site and make an effort to use it seven days a week and make it pay for itself and look at the options to do that.”
And with the possibility of Louth losing its cattle market altogether as an option, Mr Sutcliffe says it is “disgraceful to even suggest it”.