Bull sales over $100,000: Rondel Droughtmasters, Dunoon Angus and more
Bulls have fetched up to $160,000 this selling season. See the list of major prices and hear from the experts about why so many records are being broken.
THE bull market is on fire, with multiple price records broken as bulls fetch upwards of $100,000 this selling season.
Rondel Droughtmasters’ Rondel Whiskey sold for a whopping $160,000 at last week’s National Droughtmaster multi-vendor sale at Gracemere in Queensland.
Vendor Luke Carrington said it was “a dream come true” and although the high price was “a shock”, Whiskey was a “perfect bull”.
The bull was bought by a three-stud Queensland syndicate of Nindethana Droughtmasters at Camp Mountain, High Country Droughtmasters in the Brisbane Valley and Glenlands Droughtmasters at Bouldercombe.
Other significant top-priced bulls sold in recent weeks include Dunoon P758, which went for $140,000 at the Dunoon Angus bull sale at Holbrook, NSW, and Glenn Oaks Palo P1211, which broke an Australian Santa Gertrudis breed record, bringing $126,000 at the Santa Central multi-vendor sale at Clifton in Queensland.
The previous record was made only five days prior at the Yarrawonga Waco bull sale at Wallumbilla in Queensland, where a Santa Gertrudis bull sold for $110,000.
Earlier in the selling season, NSW stud Texas Angus sold Texas Powerplay P626 for $108,000, the highest price ever for the stud.
Elders’ Lincoln McKinlay, who auctioned the $140,000 Dunoon bull, said the strong cattle market was having flow-on effects, with breeders willing to pay more for outstanding genetics.
“All the bull sales are up anywhere from $1500 to in extremes up to $6000 more on average as it is, or a more realistic figure would be up $1500 to $3000 on average,” Mr McKinlay said. “So there’s that reason people have been in a better position this year in the way the cattle market has been and it has allowed them to operate at a higher level than they may have in the past.”
Mr McKinlay said a lot of the bigger name sales through the spring selling season had been in NSW and especially Queensland because the state does not have an autumn selling season, with the exception of a few multi-vendor sales.
Glasser Total Sales Management auctioneer Michael Glasser said the investment in livestock showed the overall confidence in agriculture.
“There’s a lot of confidence in ag full stop,” Mr Glasser said. “People are restocking with females, commercial bulls are making very good money. We’ve probably had a couple of years since we’ve seen multiple bulls make over $100,000 and we’ve just had a year where we’ve had several bulls that are ticking all the boxes.
“We’ve certainly had bulls this year that have created the interest and people have been happy to pay and basically that is what it comes down to.”
Know of another bull that’s fetched over $100,000 this selling season? Email chantelle.francis@news.com.au
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