The NFU understands the market will temporarily close for a short time after Saturday 7th March while negotiations with a potential new tenant continue.
NFU county adviser for Nottinghamshire, Andy Guy, said: “Newark Livestock Market is a hugely important focal point for farmers not just in our county but further afield too and it’s incredibly saddening that it has come to this point.
“We anticipate that it will be closed for a short time from this Saturday so I would urge farmers not to bring animals to the market until it re-opens.
“We are pleased that Newark & Sherwood District Council is committed to maintaining a thriving livestock market at Newark and we will continue to work with them and all parties involved to ensure that happens.”