Online auction platform to waive fees for livestock sales

FarmGate Auctions to waive online livestock sales fees

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Online livestock selling platforms are fielding increased demand during current travel and gathering restrictions. Photo: Paul Mathews Photography

Online livestock selling platforms are fielding increased demand during current travel and gathering restrictions. Photo: Paul Mathews Photography

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The move aims to support the continuation of livestock trade in the coming months.

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New online livestock sale platform FarmGate Auctions has announced it will waive listing fees in a bid to support the continuation of livestock trade through continuing COVID-19 restrictions.

FarmGate Auctions co-founder and Gunnedah-based livestock agent Guy Gallen said COVID-19 highlighted the need for reliable and remotely-accessible agtech solutions to help the livestock industry in times of uncertainty.

"With the new 'social distancing protocols' in place in public areas - which include saleyards, auction houses, rooms and places - livestock producers and buyers are unsure of where to buy or sell their stock," he said.

"We need to open every market opportunity we have and allow buyers and sellers to meet in ways they never have before.

"This means doing business remotely and online, which is why we're waiving fees to encourage vendors and agents to consider this new platform for trade."

It comes as AuctionsPlus and Stocklive platforms saw a major spike in online bidding activity during stud stock sales in the last week.

FarmGate Auctions launched in October 2019 and will hold it's first sheep sale this Friday.

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