Wangaratta Saleyards is one of north east Victoria’s leading cattle auction centres, processing 47,500 head of cattle in 2011 at a value of approximately $40 million.
“Over the past five years throughput has been maintained and cattle sales have averaged in excess of 40,000 head each year,” said Mayor of the Rural City of Wangaratta, Cr Roberto Paino.
“In fact cattle numbers have increased since 2008. Elsewhere cattle sales in other saleyards have declined during the same period.”
“However, the real value to the local economy and community is far greater than this when consideration is given to those people directly and indirectly employed. The Wangaratta Saleyards are an important part of Wangaratta’s primary production supply chain, both economically and socially,” said Mayor Paino.
To establish the real value of the saleyards to the Rural City of Wangaratta, Council has engaged well credentialled economic consultants AEC Group Limited to undertake a thorough economic impact and cost benefit analysis. This work will inform the saleyards business plan which will be finalised with the assistance of the Agriculture and Agribusiness Advisory Committee.
The consultants have commenced an extensive stakeholder engagement process that will include employees, stock agents, stock carriers, vendors, buyers, saleyard visitors, rural merchandise and machinery retailers and the Agriculture and Agribusiness Advisory Committee.
“Once the analysis is complete it will enable Council to make informed decisions about future capital expenditure and investment in the Wangaratta Saleyards,” said Mayor Paino.
The consultation process is expected to be completed by the end of July with a report to be presented to Council later in the year.