Yearling Bull sales season starts well
Exceptional clearances, good online engagement and premiums for particular genetics characterise early season sales
Despite some disruption and delays due to the nationwide lock down, the 2021 yearling bull sales season is progressing positively.
Covid pushed a few sales back at the start of the season, though that provided some unexpected benefits, giving those offering bulls more time to maximise presentation. As a result buyers are liking the look of what is available, driving clearance rates early in the season to approximately 99 per cent. Both dairy and beef farmers are chasing bulls with genetic traits around lower birth weight and calving ease.
New Zealand’s virtual saleyard bidr continues to excel, enabling those unable to leave restricted localities, not comfortable to attend the sales, or too busy with opportunities to watch or participate in sales. While the majority of buyers turn up on farm, the technology is gaining traction.
Among the outstanding early sales, Riverton Herefords, Fordell, Whanganui put up 102 yearling bulls, which sold at an average of $3700; Twin Oaks Angus, Te Akau offered 50 bulls, averaging $5210 and achieving a $12,000 top priced lot; Te Atarangi Angus, Dargaville offered 106 bulls for a $3630 average price; and Craigmore Polled Herefords, Ohaupo, Waikato sold 103 bulls, averaging $3178, with a $16,500 bull topping their sale.
Quality has been the key at all these sales, where the buyers are motivated to commit when a good article is on offer. However, bull numbers are growing meaning competition and quality will continue to escalate.
Callum Stewart, PGG Wrightson Livestock National Genetics Manager