Wednesday, May 22, 2024

Record on-farm price for EC Angus

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An Angus bull from Turiroa Stud, Wairoa, has made $104,000 at auction, believed to be a New Zealand on-farm sale record.
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Turiroa’s best-ever sales performance also featured a price of $86,000 and an average of $12,560 for a full clearance of 50 bulls. 

Andrew Powdrell said there was good buying further into the catalogue and there was a bull for everyone. 

The Powdrell family was humbled by the result and thrilled the bulls are going to good homes.

Both the highest-priced bulls were among nine offered that were sired by Turiroa Complete 16M013, which has done a good job for the stud. 

Another son of the Complete bull went to Delmont and Waimara studs in the South Island. 

The great grand-sire was Summitcrest Complete (US) which was very sound and meaty and offered a different bloodline, which might have helped add interest in the two Turiroa bulls.

Kaharau Angus and Orere Angus, both Gisborne breeding enterprises, combined to pay the $104,000 for Turiroa 18P224 and Oregon Angus, Masterton, paid the $86,000 for Turiroa Complete 18P250.

Earlier in the week the Bayly family’s Cricklewood stud, Nuhaka, sold a bull for $92,000 to Kenhardt Angus and Mt Mable Angus.

It also realised $35,000 from Ratanui Stud, Tologa Bay.

Cricklewood sold only four bulls offered and made an extraordinary average price of $50,333.

Angus New Zealand manager Jane Allan said the demand for good genetics prevailed over the covid-19 disrupted previews and bull sales.

Turiroa studmaster Andrew Powdrell and 18P250, priced at $86,000.

As the selling season went on the options for buyers became limited and that showed in the highest prices paid in sales week six, on the East Coast.

“These prices are very promising for the future of beef farming and Angus breeding as studs compete for bulls with the very best figures and phenotypes.”

Attendances of buyers for 10 sales over three days on the East Coast were good and the weather had co-operated.

Selling in conjunction with Cricklewood, Tangihau sold 29 of 35 offered, averaged $8926 and had a top of $21,000 paid by Hingaia.

Kaharau’s own sale was a complete clearance of 59 with the very good average of $12,839 and a top of $50,000.

The next day on the East Coast Ratanui sold 26 of 27, averaged $7942 and had a top price of $11,500.

The Lane brothers Whangara, north of Gisborne, sold 27 of 32 and averaged $6983.

Nearby Turihaua, owned by the Williams family, sold 63 of 66 bulls offered, made a top price of $15,000 and averaged $10,357.

The Dowding’s Rangatira stud had a full clearance of 54 and a top price of $35,000 with an average of $9416.

The Crawshaw family’s Kenhardt Angus sold 41 bulls of 41 offered, averaged $8700 and had a top price of $16,000.

At the combined sale at Matawhero sale yards, Orere Angus sold 10 out of 10 for an average $9510 and Alpine Angus sold seven of seven for $7900 average.

The previous week Meadowslea Angus in Fairlie, South Canterbury, sold 71 out of 76 offered, averaged $10,080 and a high price of $35,500 paid by Cricklewood.

Willie Falloon’s Pinebank Angus, Wairarapa, sold 29 by private treaty and averaged $7125, with $11,000 paid twice.

Waitawheta Angus, at Waihi in the north, sold 21 from 24, averaged $6214 and topped at $17,000 to Tarangower.

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