
Elevated demand for two-year-old bulls
Positive trends continue for cattle farmers, with many seeking out the best available genetics.
This year’s two-year-old bull sales season started with a flourish in mid-May, with plenty of bulls available, and the temperate autumn setting them up in excellent condition. Usually slow to begin, this year motivated and focused buyers have responded eagerly, coming out in force from the outset.
In one of the first sales, at Ruaview, Ohakune, the top priced bull fetched $48,000, while the 17 bulls put up averaged $10,672.
Gold Creek Simmental, Gisborne, offered 28 bulls, which averaged $11,518 and achieved a top price of $26,000.
At Penvose Angus, Maniototo, 40 bulls averaged $8350 and the top lot fetched $16,000.
Presenting 25 bulls, Opawa Simmental averaged $9930, and secured a top price of $22,000.
Kaimoa South Devons put up 22 bulls, averaging $10,800 with the most highly sought after animal selling for $13,000.
Bringing 81 bulls to the sale ring, Kerrah Simmental, Wairoa, averaged $12,099, for a top price of $24,000.
Following a profitable series of weaner sales that featured record prices in several regions, positive trends for cattle farmers have continued, with many seeking to consolidate their advantage by acquiring the best genetics available.
Minor breeds and smaller numbers are common at the start of the two-year-old bull sales season. What is less usual is for the initial sales to be so well received, with exceptional throughput and elevated values setting up the rest of the season. As greater numbers and stronger emphasis on the more traditional breeds come to the fore through June, high demand looks set to continue from buyers willing to elevate values.
For anyone who has not yet prepared one, a sound and factually based genetics programme to underpin stud purchases will maximise results from the rest of the bull sales season.
Contact a PGG Wrightson Genetics Representative, and focus on those breeders offering bulls that will best meet the needs of your farm. Alternatively, you can view the upcoming bull sales schedule.