Bruce and Margaret McConnaughty were not going to be the losing bidders this time.
On Friday they stuck to their guns to secure Palgrove Natural (P) for top price of $22,000 at the Palgrove Hunter Valley bull sale at Scone, where 37 of 40 bulls sold to three states and averaged $6487.
Another three bulls sold after the sale which effected a total clearance
Mr McConnaughty said he was the losing bidder in Natural's full brother at the Palgrove on-property sale, Dalveen, Queensland, last year, and was looking for a low birthweight bull.
"The full brother has what we want and will join well with our heifers," mr McConnaughty said.
Elstow stud is running 200 breeders at Baradine and was established in 1978 on Rosedale females and a Palgrove bull.
Palgrove stud principals, David and Prue Bondfield, were delighted with the result, given the prolonged dry conditions throughout the Eastern Seaboard.
The stud enjoys strong following from the Hunter Valley and presents bulls suitable for this beef breeding region, however, breeders from other areas and states are now also attracted to the annual offering.
Three bulls sold at $12,000 each, the first Palgrove Necessity (P), was purchased by Ben Avery, Allendale, Blackall, Qld, and the third, Palgrove Nile (P), was secured by Maureen Jackson, Forbes.
The second bull selling at $12,000, Palgrove Nevada (P), was one of six bulls purchased for a $6917 by Peter Hannigan, Numulgi, near Lismore.
A full report will be published in The Land July 18 edition.