Spring 2024 bull sales: all the prices you need to know
Angus yearling bull buyers are chasing “new traits” as fierce online and in-barn bidding led to a stellar sale for Paringa Angus. See the latest bull sale results.
Angus yearling bull buyers are chasing “new traits” as fierce online and in-barn bidding led to am Angus stud seeing stellar prices for their 12-14 month old bulls.
Angus yearling bull buyers are chasing “new traits” as fierce online and in-barn bidding led to am Angus stud seeing stellar prices for their 12-14 month old bulls.
Paringa Livestock Genetics, based at Murrindindi near Yea, sold 38 of their 41 bulls to a top of $41,000 and an average and $8540. Two bulls also sold after the hammer.
Paringa Livestock Genetics stud co-principal Tom Lawson said they offered their most balanced bulls to date, with new bloodlines and strong data balance.
“There have been a lot of new traits added to breedplan which are really good, they’re useful tools,” he said.
“We’ve had so many compliments and interest in the bulls because the ones we’ve used were really strong on structure, docility and feed efficiency.”
He said they were rapt with the result.
“The bull that topped the sale was really high on his research EBVs, they’ll have a big impact on industry in the next 10 years,” he said.
Paringa stud co-principal Olivia Lawson said there had been strong interest in the bull with “furious” online bidding and on-site buyer presence with four semen companies.
“We never go into a sale feeling confident because you never know how it’s going to fall, the beef market itself has been fairly steady and stable,” she said.
“These bulls, once they go to work and breed, their calves will be hitting the market in a couple of years when its forecast that the beef market will be at elevated levels.”
Banongill South Pastoral livestock manager Sam Pope, of Vite Vite North, bought 11 bulls during the auction and four from the paddock after the sale.
He said they had finished purchasing for the season now, but needed several bulls for their older herd. They are currently calving down 1000 cows.
Mr Pope said they focused on carcase traits including rib and rump, retail beef yield, and consistent data across the 200, 400 and 600-day growth rates.
“We’ve got older cows, in the past we’ve been focused on calving ease and birthweight more for joining heifers, but being mature cows now we’re aiming with more emphasis on the carcase and those weaning and finishing weights,” he said.
Wednesday, September 11 coverage.
In a stellar day of bull selling on Wednesday an Angus sire has hit $100,000 at the Ben Nevis Stud at Walcha in NSW.
In Tasmania the Landfall Stud at Dilston got off to an exceptional start with bulls selling as high as $75,000. The catalogue of 300 on AuctionsPlus continues.
At Walcha the Ben Nevis stud offered 83 bulls to sell in a total clearance with auctioneer Paul Dooley taking the bids. The top price Ultra U223 was secured by Boambee Angus. Overall the stud achieved an average of $15,707.
MILLAH MURRAH ANGUS, BATHURST NSW
One of the heavy hitters in the Angus breed, Millah Murrah, has sold a 14 month old bull for $140,000.
The bull, Millah Murrah Ramjet U356 was sired by Ramjet R1029 and out of Millah Murrah Prue R96. The stud’s catalogue said the young bull “does everything right” and had a “beautiful phenotype and skeletal structure” and his genes carried fantastic maternal heritage.
And pointing to his ability to produce fast growing calves, Ramjet’s Estimated Breeding Values rank him as +3.3 for birth weight but a whopping +122 for 600 day growth.
Earlier, the stud sold bulls for $70,000 and $65,000 at Bathurst in NSW today.
The stud, run by Ross and Dimity Thompson and family, and have a firm focus on maternal traits.
The $70,000 bull, lot 23, Millah Murrah Universe U93 was sired by Millah Murrah Rocket Man R38 and his dam was Millah Murrah Brenda Q26.
The sale catalogue notes on the bull describe him as a “terrific all-rounder” ideally suited to heifer mating.
The offering of 135 bulls continues, with most bulls selling for more than $20,000 each.
It comes as several NSW studs have enjoyed a strong start to the selling season, but the fortunes have been mixed in Victoria, where some lower averages have been recorded at early sales.
Tomorrow Banquet Angus at Mortlake hold their annual spring sale, in a region which is having a difficult year.
Friday, August 30 coverage.
DUNOON ANGUS AT HOLBROOK, NSW
Buyers put together a flurry of bids in the early moments of selling at the Dunoon on-property sale at Holbrook to secure a bull for $225,000.
Dunoon T1361 sired by Dunoon R135 from the dam Dunoon R1139 had a an impressive line-up of Estimated Breeding Value figures.
He boasts 5.5 for calving ease direct (DIR), 4.2 for calving ease daughters (DTRS) and -7.9 for gestation length. He was described in the catalogue by vendors the Harbison family as having great body width and being a lovely front-ended bull with a great outlook.
He weighs 808kg.
IRONBARK HEREFORDS AT BARRABA, NSW
A Hereford bull has gone under the hammer at the Ironbark sale at Barraba in NSW for $70,000 during the opening bidding of the Spencer family’s on-property sale.
Ironbark PO71 True Grit TO35 (AI) (H) born on January 15 2022 boasts Selection Index Values of +$152 for Southern Self Replacing, +$128 for Northern Self Replacing, and +$172 for Southern Baldy Maternal.
The Ironbark stud has 139 lots in the catalogue and selling continues.
RENNYLEA ANGUS AT CULCAIRN, NSW
Bulls sold to a high of $75,000 at the Rennylea Angus on-property bull sale at Culcairn in southern NSW.
In a monster catalogue, a total of 234 bulls made an average of $14,230 with just two lots passed in at the fall of the hammer. The two bulls were sold before the completion of the sale.
The top-priced bull was bought by a syndicate including the Litchfield family of Hazeldean at Cooma, NSW, and Yalgoo Pastoral Company from Walcha, NSW.
Rennylea T1430 (APR) (ET) was sired by NORQ1077 Rennylea Q1077 from the dam NORQ58 Rennylea Q58.
The two-year-old sire had figures of +9.2 for calving ease, +148 for 600-day weight and +4.7 for IMF.
The bull, which sold early on in the catalogue, attracted a flurry of bids both from on-site and also supported by interest from AuctionsPlus.
After the sale Ruth Corrigan said the result was encouraging and they were “chuffed” with the average and the top-price result.
She said the first 38 lots in the catalogue included some “real standout bulls” and she wasn’t surprised by the interested and spirited bidding they attracted.
“Lot 29, the top-priced bull was a bull that ordinarily we would have kept … he had a unique data profile and I’m not surprised that he sold well,” she said.
Ruth said it was the highest priced bull they had ever sold.
Yalgoo Pastoral Company had purchased bulls from Rennylea before and Ruth said Hazeldean had in fact secured a Rennylea bull previously, but a very long time ago.
She said to get that endorsement from two respected and established studs was encouraging.
Buyers travelled from throughout NSW, Victoria, Tasmania and Queensland, and bids were fielded from as far away as the Northern Territory.
Nutrien auctioneers Peter Godbolt and Andrew Wishart took the bids.
Rennylea Angus principal Lucinda Corrigan was thrilled with the result and thanked the people who stayed for the duration of the sale.
“Thank you to everyone who has stayed to stumps,” she said after 3½ hours of selling.
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