A well-known Queensland Charolais stud has spent up big on Victorian cattle genetics.
Jim Wedge, Ascot Cattle Co, Warwick, paid $25,000 for a Paringa Charolais bull.
Locals called it the highlight of the helmsman auction sale with lot 8 Paringa Harvey L410 also drawing the attention of Queensland Charolais stud producers, David and Prue Bondfield, Palgrove Charolais.
The two Queensland stud owners traded blows via mobile phone for several minutes with local Victorian agent Bruce Elliott placing the winning bid of $25,000 on behalf of Jim Wedge, Ascot Cattle Co, Warwick.
Ascot also bought the top-priced Paringa bull last year and Mr Wedge said they’d also bought other bulls and females from Paringa, as he liked their industry-focused breeding program.
He said Paringa Harvey L410 had impressed him with its quick, early growth, finishing ability, great meat traits and “extremely docile” temperament. The young sire’s homozygous polled status was also important to Mr Wedge.
At 19 months, the sale-topping son of Paringa Harvey H338 weighed 793kg. It was the highest $Profit index Charolais of the sale and also in the top one per cent for the domestic market index. Another Harvey H338 son sold for the second top price of $10,000 during the Paringa autumn on-property Charolais, Angus and Stabilizer sale in Victoria. The sale drew a field of 34 registered buyers with a number of Australian States represented.
The sale was conducted by Michael Glasset from GTSM