The CLA will no longer being running the annual CLA Game Fair after making a financial loss on the last three events.
The 2016 event was planned for Ragley Hall, Warwickshire, but the CLA board decided to pull the plug on it after several years in which the countryside showcase had made a loss.
The CLA is open to other organisations offering their views on how they could take the event forward without CLA involvement.
Director general of the CLA Helen Woolley said: “The Game Fair is an important and well loved event with a long tradition. It is a difficult decision that we deeply regret having to take.
“We are extremely proud of the Game Fairs we have put on in recent years and we are grateful to our Game Fair team which has delivered these high quality, professional, events.
“Unfortunately, an increasingly crowded summer calendar of outdoor events has contributed to falling attendance. This has led to the event failing to generate enough income and has made the event financially unsustainable.
“Over the last three years the board made the decision to invest in the Game Fair because of our strong desire to turn the event around. We have been able to make this investment because of the otherwise robust financial position of the CLA. However, we can no longer ask CLA members to allow their membership subscriptions to underwrite the losses the event makes.
“We are clear the Game Fair can no longer be run by the CLA in its current form. We will, however, begin a period of consultation in which we will invite proposals from other organisations on how the Game Fair might be able to continue.
“The CLA remains committed to providing industry-leading advice and support, running a busy schedule of other national and regional events and being an effective lobbying voice for rural business.”