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Auction marts continue to be important for livestock farmers, particularly for store and breeding stock. As part of the wider livestock and meat marketing chain they are not immune from change and evolution, but this can have positive impact too. New and/or redeveloped markets will include the one now being built at Cirencester which is p art funded by the Defra Rural Enterprise Scheme. In other markets there may be opportunities for business diversification. We continue to monitor the network of auction markets, and remain in regular contact with the Livestock Auctioneers Association and the Meat and Livestock Commission. The Red Meat Industry Forum, with significant contributory Government funding, is working on finding ways of helping industry improve the competitiveness of the red meat supply chain. This includes livestock auction markets.