*48 of 48 bulls sold to $10,000, avg $5125
MURRUNDINDI-based stud Kelly Angus held its 2020 autumn bull sale last week, recording a total clearance of 48 bulls offered at stud's inaugral on-farm sale.
A quick change of plans to accommodate the new COVID-19 restrictions saw the auction move completely online at the last minute with a dedicated group of commercial buyers and agents attending the sale to inspect the line-up of the 18-month-old bulls prior to auction.
Confidence in the beef industry was on display as strong interest in the Kelly Angus bulls achieved a sale top price of $10,000 and strong average of $5,125.
Kelly Angus stud manager Patrick Joyce said he was overwhelmed with the response.
"To have a full clearance for our first sale is a great result and we are very fortunate to have an audience who have confidence in us," Mr Joyce said.
"The 48 bulls presented here today have done it on grass and we are breeding bulls for that market".
Top price honours went to the Lot 5 Kelly Angus Full Power P244sv.
The son of reference sire, USA PA Full Power 1208pv, Lot 5 excelled in both EMA +10.1 and IMF +3.8 traits with Phoines Pastoral Co, Casterton, buying the future sire.
Strong competition among active bidders both from AuctionsPlus and on-farm meant three of the young bulls sold for 8000 each, the second top price.
Tim Rourke, Yea, bought well on the day taking home Lot 3 Kelly Angus Full Power P258sv for $8000 and Lot 10 Kelly Angus Visionary P248sv for $5500.
"[Lot 3] has beautiful confirmation, flat across the back, great temperament and presented well," Mr Rourke said.
"[The] sale offered terrific value with great cattle. It is good to support a local stud and I got the two bulls I wanted".
Tyack Pastoral Services, Beveridge, was one of two volume buyers who purchased four bulls on the day, paying $8000 for Lot 19 Kelly Angus Hercules P175sv whose figures presented in the top one per cent for carcase weight and top one per cent for EMA at 12.5.
The company also bought Lots 22, 45, and 46.
Finding a new home near Kilmore was the third of the $8000 bulls which was bought by John Sutherland, Elders Bendigo, on behalf of John Curtis.
"He looks fantastic ... a long body, good length and a fair price,"Mr Curtis said.
Stud principal Vicki Kelly said the was over the moon.
"It's taken six years to get to this point and there was no telling what the day would bring with the recent coronavirus announcements at the last minute," she said.