Seedstock producers are reaping the benefits from the improved season and high cattle prices as the spring bull selling season gets off to a cracking start.
With just three weeks gone on the Queensland sale calendar, new sale records have been re-written, and a lift in overall sale averages seems to be the order of the day.
Elders stud stock manager, Blake Munro, Toowoomba said bull sales were off to a promising start.
“The average price along with the clearance rates are much higher,” Mr Munro said.
“It can be attributed to a general change in the season in some areas, and the buoyant cattle prices.
“Also commercial cattlemen are prepared to pay extra for quality with the cattle market sitting so high.”
Mr Munro said the Angus and Charolais sales held so far had enjoyed exceptional results.
Successful Angus sales held this month include Hazeldean Angus who sold 101 bulls to record an average of $8196.
The Sandon Glenoch Angus sale cleared 104 bulls, to post a record average of $8457, up $3565 on last year’s result.
For Performance Plus Droughtmaster sale vendors, Paul and Lisa Laycock, High Country Stud and Dave and Colleen Smith, Vale View Stud, it was pleasing to create a new on-property top price record of $30,000 last Saturday.
That eclipsing their previous record top price of $20,000.
"However our increased sale average of $7,398 up $673 from last year and with an additional 20 bulls sold is very much a vote of confidence from the commercial cattlemen,” Colleen Smith said.