Sales steady despite farm finances

Angus bull Fossil Creek Trooper T013 fetched the top price of $15,000 at the 24th annual Fossil...
Angus bull Fossil Creek Trooper T013 fetched the top price of $15,000 at the 24th annual Fossil Creek Angus bull sale in North Otago last week. PHOTOS: SUPPLIED
Bull sales remain steady in the South despite farmers facing tough financial times on farm, vendors say.

Fossil Creek Angus co-owner Blair Smith was happy buyers came from between Poverty Bay to Gisborne to attend the 24th annual bull sale last week considering the financial conditions.

Of the 76 angus bulls on offer, 68 sold for an average price of $7875, including a top price of $15,000 for bull Fossil Creek Trooper T013 to Wainui Station in South Canterbury.

The sire was Millah Murrah Paratrooper P15 and the dam was Fossil Creek Evelyn P027.

"He is an impressive bull from one of our matriarch dams who has reared 10 calves to date including Trooper," Mr Smith said.

Earnscleugh Station co-owner Duncan Campbell was "stoked" with the result of his 39th annual bull sale on June 7.

"We were really happy considering the year and there not being much money around."

The clearance rate was higher than previous years, Mr Campbell said.

Hereford bull Earnscleugh Stardom 222607 sold for $10,000 at the Earnscleugh Station bull sale to...
Hereford bull Earnscleugh Stardom 222607 sold for $10,000 at the Earnscleugh Station bull sale to Limehills Herefords in Teviot Valley.
Fifty-two angus bulls were offered and 50 sold for an average of $8290 including a top price of $16,000 to a commercial farmer in Middlemarch.

Stud bulls were bought by Peters Angus in Beaumont and Bannockburn Angus in South Westland for $15,000 each.

Of the 29 Hereford offered, 19 sold for an average of $6921 including a top price of $20,000 to Woodburn Hereford in Canterbury.

Thirty-three composite bulls were offered and 29 sold for an average price of $6275 including a top price of $12,000.

Mount Linton Station general manager Mat Middlemass said 47 Angus bulls were offered at an on-farm sale in Otautau on June 4.

Thirty-nine bulls sold for an average price of $7250 including a top price of $13,000 to The Burgan.

The clearance rate was on par with last year but the average price was down about $3000.

"We were pretty happy with that considering how farming is going at the moment," he said.

shawn.mcavinue@alliedpress.co.nz

 

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