No bull as sale records fall
RECORDS fell at this week's Tasmanian bull sales as very strong demand saw prices soar to new levels.
The Archer family’s Landfall Angus celebrated its 70th birthday in style breaking the state’s individual animal auction record twice.
Early in the sale Kansas Livestock of Tamworth set a Tasmanian auction record price paying $32,000 for lot three.
This new record was later broken by Connorville Station at Cressy which purchased lot 23 Landfall Reality M116 for $37,000.
The previous record was also held by Landfall at $24,000.
Purchasers from New South Wales, Victoria, South Australia as well as King and Flinders Islands competed strongly with local buyers to produce a sale average of $7414 for the 140 bulls sold.
Frank Archer said the family was very happy with the sale results which saw a lower sale average due to a larger offering of bulls this year.
“The thing we were most happy about is the sale gave our clients the opportunity to buy some good value bulls,” he said.
“Last year when the sale average got up around $9000, there were some thoughts that our bulls were getting a little bit too expensive, so that’s why we made the decision to increase the number this year.”
Mr Archer said the family had already used the lot three bull in their herd and the top priced lot 23 bull was also very good quality.
“You never really know how things are going to go on the day, but they were both very good bulls,” he said.
“We had some new clients this year and we always welcome those, but the repeat clients is what our business is based on.
“A big part of what we do here at Landfall is about the relationships we develop with people and how we can add value to their business.”
Despite the lower cattle prices this year and a dry season, Mr Archer, said there was solid underlying confidence across the beef industry.
He said widespread rain across most of the state in recent weeks would also help boost producer confidence.
DB Harvey from King Island competed strongly during the sale purchasing two bulls at $19,000 and $16,000.
TRT Pastoral bid well all day to purchase 14 bulls for their King Island operation topping at $10,000.
The Tiree Trust Flinders Island also purchased 14 bulls at the sale.
The stud also offered 50 specially selected females.
There were 48 females sold making an average of $4345.
Top price was $7000 for a rising two-year-old heifer which was purchased by DW & JC Reid from Bambri in Vic.
RD & DJ Belcher, from Bolong in Victoria paid $6500 also for a rising two-year-old heifer. while Bowmont Angus from Tatyoo in Victoria also paid $6500 for Landfall J927.
Tasmanian Breeders Platinum Angus of Pipers River and Echo Cottage of Lemont both purchased five females at the sale to a top of $5500.
Thirty five of the 48 lots sold went mainland buyers, with many of these operating through Auctions Plus.
At the The Hughes family’s Cluden Newry sale a new system was used for the first time showing each lot by video rather than running them through the ring.
The change was well received and buyers paid up to a top of $14,000 with bulls going to New South Wales, Victoria as well as King and Flinders Islands.
The top priced bull was sold to local buyer Echo Cottage of Lemont, who also paid $11,000 for another bull
The 5 Star Cattle Co from Tamworth in NSW paid the second top price at $12,000
Millwood Pastoral at King Island were strong bidders purchasing five bulls to $11,000 with Native Point of Perth securing two bulls to a top of $10,000
The volume buyer on the day was Sattler Pastoral at Bridport which purchasing 10 bulls
All up 62 of the 69 bulls offered were sold making an average of $6,161.
Due to the Easter break the remaining bull sales results from this week will be included in next Friday’s Tasmanian Country.