Despite the decision to extend the operation of Pakenham saleyard indefinitely, there's been no reprieve for the Warragul cattle market.
Its operator, the Victorian Livestock Exchange, says the market will close in March 2021.
VLE owns the business and the infrastructure but the land belongs to Bill Dineen.
"If VLE wish to extend the lease, we'd give that consideration," Mr Dineen said.
"We're more than happy to continue."
The Warragul yard is known for strong dairy sales but its future has been under a cloud and VLE - which also operates the Pakenham and Leongatha saleyards - postponed its closure repeatedly.
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VLE managing director Wayne Osborne said Pakenham's facilities could be modified but any decision to sell dairy cattle there would be one for agents and vendors.
"People are creatures of habit," Mr Osborne said of the vocal opposition to Warragul's closure.
"We track where the cattle come from based on their PIC numbers ... and Warragul's catchment area consisted of Cardinia Shire, Baw Baw, part of South Gippsland, Latrobe and Wellington.
"When you took all the cattle that were coming out of those areas and going through all of our saleyards, 70 per cent of them were already going through either Pakenham or Leongatha.
"That said to us that the majority of vendors had already moved away from Warragul."
But Trafalgar farmer, Jim Abrecht, said that while many store cattle from the region went to other saleyards, Warragul was pivotal to the dairy sector.
"There's no better place to sell than Warragul because it's so central to the Gippsland dairy industry," he said.
"That's proved by seven dairy sales this month and I think one fellow averaged $3000 for 28 cows.
"For coloured calves and Friesian heifers, there's no better market in Australia, even Friesian bull calves are getting up to $120.
"They bring good money because farmers know they get well-bred dairy cattle here.
"I don't care if it's Bunyip or Longwarry but, until a new facility is built, Warragul needs to stay open."
About 35,000 head of cattle passed through Warragul saleyards in 2019.
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