28 Sep

Paringa Livestock Genetics has top price in Angus and Red Angus

Red Angus top buyer Simon Colse, Kurra-Wirra, Oscar, Monty, Olivia and Tom Lawson, Paringa Livestock Genetics, and Ray White GTSM auctioneer James Brown. Picture by Rachel Simmonds, Stock and Land.
Article by Rachael Simmonds, Stock and Land

A Murrindindi stud’s Angus and Red Angus yearling bulls are headed across the country after widespread interest in breeding values and calving ease.

Paringa stud co-principal Olivia Lawson said she felt it was a great sale, given the current weather and market climates.

She said the bulls were headed to the Northern Territory, South Australia, Queensland, Tasmania, New South Wales and across Victoria, with mostly repeat buyers.

“One of the focuses of our breeding program has been to select for calving ease, we saw it as important for animal welfare and ease of management for people,” she said.

The sale had 22 of the 28 Angus bulls sell to $20,000 with an average price of $8178, while the 14 Angus stabiliser bulls sold to $9000 with an average price of $6285.

The three Red Angus bulls sold to $20,000 with an average of $9666, and three Red Angus Stabiliser bulls sold to $16,000 with an average price of $13,333.

Overall, 50 of 57 lots sold to $20,000 (twice) during the action, with an average price of $8128, and the sale reached total clearance after the auction.

Red Angus top buyer Simon Close, Kurra-Wirra, Culla, said he managed 70 stud-bred Angus cattle and 400 stud Senegus cattle, and the bull appealed to their Queensland client base.

“He has really balanced figures, we love the look of him, he has a really good sire head, frame, free-moving, balanced birth weight with high growth, which you don’t find in Red Angus very often.”

He said he was a returning buyer and came to the sale with an “open mind” but had his eye on Lot 55.

Ray White GTSM auctioneer James Brown said he believed it was a “very healthy average” for a yearling bull sale.

“I thought the sale went very well given the current market conditions and an enormous amount of interest out of Queensland in the stabiliser bulls,” he said.

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