*142 of 143 bulls sold to $19,000, av $8884
LANDFALL Angus stud principal Frank Archer said he was “shocked” with the result of the stud’s recent bull sale, which saw their average price jump $2745 on last year’s.
Of the 143 bulls on offer, all but one sold, to reach an average price of $8884, at Launceston, Tasmania, on Monday last week.
The top bull, Lot 16, was bought by return client James Carr, Funny Hill Pastoral, Binda, NSW, for $19,000.
“His figures were good, birthweight I thought might have been a bit high, but his other figures were excellent,” Mr Carr said.
“I like their style, their performance, I think they’re very good, easy-doing bulls.”
The bull recorded estimated breeding values of +6.7 kilograms birth weight, and growth figures of +53kg 200-day weight, +93kg 400-day weight, and +121kg 600-day weight.
He also bought a second bull for $9000.
“We breed our own commercial bulls, so those bulls will go into our bull breeding program,” he said.
Given the stud had increased the number of bulls on offer, Mr Archer said he was very pleased with the result.
“We were confident that there was going to be good interest in a fair portion of the catalogue, but it was a real shock to have such a strong sale all the way through,” Mr Archer said.
“I’m not saying that because I didn’t think the quality of the bulls was good enough, but we were unsure whether offering close to 150 bulls would stretch out our client base.
“But it didn’t, and we were just wrapped with the strong interest in our breeding program.”
He said volume buyers included W&C Von Bibra, Ross, Tas, and Mark Stonestreet, NSW, who bought seven bulls each.
Landfall also conducted a female sale the day before, in which they had a total clearance of 46 females, to a top price of $8000, and an average price of $4060.
“That was the first time we’d had a female sale in over two decades, and we were really unsure how it would go, but we were very pleased with the result,” Mr Archer said.
“Most of the buyers were registered breeders looking to expand numbers, and there were some people who were starting up, looking for foundation females.”
The top-priced buyer, who was also one of the biggest volume buyers, was Sam King, Bowmont, Tatyoon.
In the starting phases of developing his Angus stud, Mr King said he bought the eight bulls to add to his foundation herd.
“We’ve been investing in Landfall genetics in the last four years, and I think they’ve got a well-balanced, commercial approach to their breeding program,” Mr King said.