The breed that lifted its returns by 50 per cent across Australia
If there was any doubt about the popularity of Angus in Australia, the latest figures will put them to bed.
Angus breeders spent a whopping $186 million on bulls last year, or 50 per cent more than the year before.
Angus Australia has crunched the numbers for its 2022 bull sales, with the 207 fixtures seeing 11,811 bulls sold for an average of $15,770 and a gross of $186 million.
This was well up on the 9794 bulls sold for an average of $12,653 and a gross of $124 million in 2021.
And to put this into perspective, five years ago, 9245 bulls averaged $6837 and grossed $63 million, a third of what was spent in 2022.
In a state-by-state breakdown:
– NSW sold 5760 bulls to a top of $200,000 and an average of $17,966;
– Victoria sold 2140 bulls to a top of $130,000 and an average of $13,366;
– South Australia sold 960 bulls to a top of $40,000 and an average of $19,689;
– Tasmania sold 770 bulls to a top of $47,000 and an average of $12,436;
– Queensland sold 1110 bulls to a top of $75,000 and an average of $16,445;
– Western Australia sold 1023 bulls to a top of $72,000 and an average of $11,729.
Honours for the top price and the top average went to NSW with Millwillah Angus, Berthong NSW. Selling Millwillah Jaal R138PV for $200,000 to Siobhan Cowan, Arkle Angus, Munglinup, Western Australia.
The top Angus average for the year was Millah Murrah Angus, Bathurst, NSW, which sold 128 Angus bulls for an average of $43,632, up 28 per cent from last year’s sale average of $34,221.
A spokesman for Angus Australia said it had been “another year of smashing past records and rewriting new ones for the Angus breed”
”With the numbers climbing, it was predicted to be another good year for the Angus market, and it surely did not disappoint,” the spokesman said.