The Institute of Auctioneers and Appraisers in Scotland
IAAS
Institute of Auctioneers and Appraisers in Scotland

IAAS Annual General Meeting

27th March 2014
Past President David Pritchard handing over the chain of office to President Willie McCulloch

At the recent AGM, the Institute of Auctioneers and Appraisers in Scotland (IAAS) elected Willie McCulloch of Lawrie and Symington Lanark as President taking over from the outgoing President David Pritchard of Harrison and Hetherington Carlisle. Other office bearers elected were, Vice president John Kyle of Caledonian Mart, Stirling and Junior Vice President Steven Wilson of John Swan, St Boswells.

 

David Pritchard, outgoing President of the IAAS, said: “The Institute very much values the ongoing working relationships with Scottish Government , stakeholders and other industry organisations as we are all in this together and which must be maintained going forward. We also value important links with our European counterparts.

 

The core of our livestock businesses very much depends on livestock production and in particular the marketing of numbers sold. There is clear evidence, that there continues to be a downward trend in livestock production and this is having a massive affect upon our industry. Last year I predicted major challenges in the primestock sector as numbers became tighter and this did reflect in prices hitting an all time high in the beef sector but the sheep sector did struggle due to currency rates, reducing export opportunities”.

 

The Value of livestock through Institute members last year rose by 2.7% ( just over £14.m) to level at £534.4m. This was mainly attributable to price increases particularly in the store and breeding cattle sectors. Store stock throughput value increased  by nearly 5.6% (£17.7m)  but Prime stock throughput  value dropped 1.8% (£3.7m). On the flip side numbers declined by 3.25% (91,220)  to just over 2.715 million head of stock. (92,000  less sheep and 2,900  more cattle) Over two years the decline in numbers now reflect a 8% drop. In the near future we have further challenges to overcome particularly with CAP reform on the horizon.

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