Paringa's final Charolais sale to $26,000

Paringa's final Charolais sale attracted strong online interest

Stock and Land Beef
Aa

Paringa Charolais' sells to $26,000, amidst strong online interest.

*27 of 28 bulls sold to $26,000, av $7704

Aa
FINAL CHAROLAIS SALE: Paringa's Tom and Olivia Lawson, with Ray White GTSM livestock agent James Brown and the top-priced bull.

FINAL CHAROLAIS SALE: Paringa's Tom and Olivia Lawson, with Ray White GTSM livestock agent James Brown and the top-priced bull.

PARINGA Charolais stud, Murrindindi, has gone out on a high, recording a near total clearance at its final sale and a top price of $26,000.

Paringa stud co-principal Tom Lawson said as there were a lot of good bulls in the sale he wasn't too sure which one would attract the best price.

"Apart from being top on soundness and traits, he is homo-polled and just a good all-round bull," Mr Lawson said.

A lot of the bulls would go into cross-breeding programs, but some would go to pure-bred operations.

"A lot of operators are chasing Meat Standards Australia figures," Mr Lawson said.

Paringa will now continue its bull breeding operation, focussing on high performing genetics in Angus, Red Angus and Stabilizer, with its next sale in September.

Paringa's Olivia Lawson said some of the bulls were also going into rangeland country, in the Northern Territory and Queensland.

Sale-topper Lot 5, Paringa Lead Time Q384 (AI) (P) went to Charles Stewart Nash McVilly, Camperdown, on behalf of W Woods Pty Ltd.

The 738 kilogram bull was by OW Lead Time 6294 PLD out of Paringa Free Lunch K354

Lead Time had estimated breeding values of a -3.0 birth weight, a 14kg 200-day weight, a 26kg 400-day weight, 35kg 600-day weight.

He recorded estimated breeding values of +1.3 for eye muscle area, a rib of +1.6, rump of +2.1 and retail beef yield of -0.7pc.

Lead Time had a scrotal circumference of 41 centimetres and an intramuscular fat of 0.0pc.

The bull was in the top 2pc Domestic index and one of the top $Profit bulls, putting him at top 2pc worldwide for profitable progeny.

SALE-TOPPER: Paringa Lead Time Q384 was knocked down for $26,000.

SALE-TOPPER: Paringa Lead Time Q384 was knocked down for $26,000.

The Lawsons said Paringa Lead Time was one of the most complete Charolais bulls they had bred in 20 years.

"Q384 has one of the finest data profiles in the breed with a proven performance packed pedigree, whilst in the flesh he is magnificent," they said.

The bull was "super quiet, with beautiful feet and movement, had a massive capacity and easy fleshing softness."

The bulls on offer averaged in the top 2pc of the breed for performance.

Homozygous polled bulls were sought after, averaging $9,150.

Ms Lawson said the bulls went to five states, Victoria, Tasmania, Queensland, NSW and Western Australia.

She said the first group of bulls, from the Kilo Packer bloodline, sold particularly well.

Bidders came from Alice Springs, NT, Mudgee, NSW and Tasmania.

The majority of customers were repeat buyers, who picked up 20 of the 28 bulls sold.

Ray White GTSM livestock agent James Brown said the strength of AuctionsPlus bids was not surprising.

"The demographics AuctionsPlus opened up for the sale were enormous," Mr Brown said.

Bidders came from Alice Springs, NT, Mudgee and Singleton, NSW, Moura, Queensland and Tasmania.

"They've done their homework and they know what bulls they are after," Mr Brown said.

The volume buyer was Ross and Jo Stanes, Lyndavale, south-west of Alice Springs, who bought 12 bulls, for an average of $6500.

"They have been using Paringa genetics for more than seven years in their cross breeding operation, and found the bulls and their progeny thrive in the extensive rangelands of southern NT," Ms Lawson said.

Paringa also sold 285 lots of semen, to $360, av $54.

The stud sold three straws from Impair, an early 90's French bull, for $360 each.

The semen volume buyer was Palgrove (79 units) including 60 units of Paringa Kilopacker N391E.

Aa

From the front page

Sponsored by