Following the recent AGM of Cork Marts, Clogheen native P.J.English was elected Chairman.
Cork Marts is Ireland’s largest livestock marts.
It is a farmer owned co-operative, with 11000 shareholders, with cattle and calf sales in excess of 170,000, along with 120,000 sheep annually.
Mr English will assume responsibility of the six marts, including Cahir, Dungarvan and Fermoy.
Cork Marts are very active with the live shipping of calves and weanlings to Europe, a very important part of the Marts.
The live shipping benefits every livestock farmer in the country as every animal we export is one less for the factories.
Mr English says - “Supply and demand is the problem always with the factories. When they have too many cattle they cut the price so with our exports it is cutting down the number of cattle that the beef factories will process”.
Mr English hopes in the near future that they will be able to pay a dividend to all its shareholders.
Mr English was a Fianna Fail candidate in the recent local elections.
He points that in 2008 Cork Marts invested €22 million on a state of the art livestock and conference centre in Corrin, Fermoy and also invested in a major shopping centre in Midleton.
“There are no immediate plans for further investment, but I will be looking at Cahir to upgrade it for the farmers of South Tipperary”, he says