[1][2] It is well known as the subject of the folk song of the same name, featuring Uncle Tom Cobley and his friends.
The earliest written record was in 1850, when it was described in the Plymouth Gazette as a cattle fair.
All profits were donated to the 'Local Welcome Home Fund' for returning soldiers, sailors and airmen.
In 1989, it was decided to cancel the pony classes following an outbreak of Equine flu (these were replaced with terrier races, which have continued ever since).
Today's visitors will still see displays of quality livestock, although there are many other attractions, including: a dog show, displays of local produce, vintage farm machinery, rural arts and crafts, bale tossing and a now traditional appearance by "Uncle Tom Cobley": a local resident in fancy dress, riding a grey mare.