PARINGA LIVESTOCK
*56 Angus bulls sold, av $6750
*10 Red Angus bulls sold, av $5550
*26 Black Stabilizer bulls sold, av $5900
*16 Red Stabilizer bulls sold, av $6500
PARINGA Livestock’s dedication to producing profitable beef genetics with data to back it, has seen its customer base grow in sync with the growth of its herd.
The on-property helmsman auction attracted 74 registered bidders, and offered almost double the amount of bulls than what was offered last year.
With a good balance of stud and commercial customers, from local regions and interstate, the sale delivered a pleasing 90 per cent clearance.
The sale consisted of Angus, Red Angus, Black and Red Stabilizer bulls, and was broken into two parts with the 57 Angus yearlings opening proceedings.
The principally August 2016 drop Angus bulls averaged 518 kilograms, and with the exception of six higher-priced lots, all started with a reserve of $4000.
After almost an hour, the auction closed with 53 lots sold, with three other lots selling post sale to deliver an average of $6750.
Lot 1, Paringa Monarch M103, the star of the Angus line-up, topped the sale at $17,000, having started at a reserve of $15,000.
A Paringa Judd J5 son, out of a Lawsons Bartel E7 dam, the bull was purchased by Rob Williams, Victoree Angus, Glenrowan, on behalf of the Lynch family, Kunuma Angus, Cooma, NSW.
Mr Williams commented on the quality of the bull’s phenotype and outstanding trait data that it carried.
“He comes up in the top 15 of the entire Angus HBR breed plan for the traits we are after,” Mr Williams said.
“He has a lot of potential to breed easy doing, well grown, highly marbled carcases on grass.”
Mr Williams was accompanied by Rosemary Hack, Brown Mountain Angus, Bemboka, NSW, who will take a small semen share in the bull.
The second top-priced Angus bull was Paringa Messiah M142, who carried equally impressive figures.
The 550kg bull will be put through his paces at Texas Angus Warialda, NSW, after selling for $14,000.
Other studs active in the sale were Bald Blair Angus, Guyra, NSW, paying $11,000 for Lot 4, and Jarobee Angus, Beechworth, who bought two bulls to a top of $9000.
Commercially the sale was again well-supported, with Tom Peng, and farm manager Geoff Joyce, from near Balaclava Station, taking home five bulls, av $6700, as did the Mann Family Trust, western Victoria, av $7100.
After a slow start to the Red Angus and Stabilizer part of the auction, the board quickly got interesting.
Two Red Stabilizer bulls reached the $9500 top price.
The bulls went to regular clients Tim Stokes, Karn Station, Benalla, for Lot 131, and Judy Brookes, Coolongolook, Yea, for Lot 113.
The volume buyers in this section of the sale were local producer Lyndon Hale, who bought 10, to an average of $5900, and the McKay family, ‘Umbearra Station’, NT, who took home seven.
Speaking after the sale, Paringa co-principal Tom Lawson said the bulls that offered calving ease and high carcase traits were the most sought after.
“It’s clear that the key processors are telling producers to focus on improved carcase traits in their herds,” Mr Lawson said.
The sale was conducted by Michael Glasser and his team from Glasser Total Sales Management (GTSM), with Corcoran Parker the settling agents.
