Charinga and Banavie Merino stud sale’s posted solid results
Both Charinga and Banavie Merino studs sold their top priced rams to Western Australia at their Marnoo sale on Monday. See the results.
Strong interest from Western Australia helped return solid results for the Charinga and Banavie Merino stud sales at Marnoo on Monday.
Charinga principal Roger Polkinghorne said “we are pleased with the result and the average was a bit better than last year”.
Overall for the Charinga stud sale 72 rams sold from 81 offered, for an 88 per cent clearance, an average of $2899 and a top price of $15,000.
This compares to last year when 85 rams sold for an average of $2750.
The $15,000 ram sold to first-time clients, Barooga Merinos from Williams, Western Australia.
“The top price is one of the better tops in Merino sales this year and it was pleasing to have stud interest from Western Australia and NSW,” Roger said.
“Strong support from Tasmania continued, and there were new clients from NSW looking for more wool cut.”
Roger said he felt the tough season in many areas affected the budgets of commercial buyers.
“They’ve got reduced crop incomes and high production costs, so they had less to spend.”
In the Banavie Merino part of the sale, 85 rams sold from 91 offered for a 93 per cent clearance, an average of $3426 and a top of $18,000.
This compares to last year when 93 rams sold for an average of $3645.
Principal Tim Polkinghorne said the $18,000 ram sold to Manunda Merino stud at Tammin in Western Australia.
Banavie sold rams within Victoria and to Tasmania, NSW and Western Australia in multiple numbers.
Meanwhile, the Wells family’s One Oak Poll Merino ram sale also posted solid results last week, with rams selling to $16,000.
One Oak sold 87 of 110 rams offered for an average of $2494. This compares to last year when 99 rams sold for an average of $2300.
The top priced ram sold to Pemcaw Merinos from Dunedoo, NSW.