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19 August 2021
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Market Commentary

Livestock Market Update: Yearling bulls promise sequel to successful two-year-old bull sales season

After an outstanding response to their elder brothers, younger bulls go live nationwide in September and October.

Record numbers attended this year’s two-year-old bull sales. Studs put up the genetics that breeders and commercial farmers responded to with plenty of enthusiasm. Quality animals with IMF were in demand across both islands.

In total, running from May to late June, the season recorded sale prices averaging $8,379 across all breeds and an 88 per cent clearance rate of the 3,690 lots offered.

Online purchasers and observers took the season to new levels, with bidr® livestreaming 76 sales online, attracting followers across both islands, as well as in Australia.

Next up the yearling bull season will start in September progressing through the country from the top of the North Island, scheduled for a late October finish in Southland, totalling some 56 sales across the whole series, many again hybrid and offered online by bidr®, as well as onsite.

All breeds will it be represented in the season. Assuming they continue the trends of last year, and of their older brothers, this season’s yearling bulls will start in price from around $1,500, ensuring commercial farmers and breeders easy access to a wide range of high quality genetics. 

Click here to view the Upcoming Yearling Bull Sales.

Callum Stewart, PGG Wrightson Livestock National Genetics Manager 

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