A TOP line-up of young bulls, a growing client list and continued strong signal in the beef industry all combined to achieve an incredible result at the Little Meadows on-property bull sale on Tuesday, February 9, 2016.
A long list of old and new buyers competed vigorously on the extremely even line-up of bulls to push prices to a high of $14,000 and in addition to the top-priced bull another two bulls sold for $10,000 or more.
With the registered buying list going well beyond last year’s 32 buyers before the sale conducted by Delaney Livestock Services and Landmark commenced, the writing was on the wall for an extremely positive sale for the Golding family and this was certainly the case when the final numbers were crunched.
Selling at the sale for the first time Glasser Total Sales Management auctioneer Miles Pfitzner had no trouble drawing bids from the list of 59 new and old registered buyers to push prices to the $14,000 high and help lift the average by $2231 and the gross by $117,000 on last year.
All 40 bulls offered in the sale sold for an average of $6863, in comparison to last year when the stud offered 40 bulls and sold 34 for an average of $4632.
As part of the catalogue the Goldings offered 14 bulls aged 17-19 months and they were really the strength of the sale and sold to exceptional values. These 14 sires averaged $6643 and topped at $8250.
Of the 59 registered buyers a total of 29 purchased bulls meaning many went home empty handed and of these 29 buyers, 13 were new buyers to the stud.
Mr Pfitzner said overall it was a very strong sale which was solid throughout.
“The final result was a reflection of the bulls on offer, they presented extremely well and were a credit to the Golding family,” Mr Pfitzner said.
“Not only was the presentation great there was also a good range of genetics from across Australia to choose from.”
“Close to a third of the catalogue was made up of bulls in the 17-19mo age bracket and these sold extremely well if not a bit dearer in comparison to the older sires.”
“Another pleasing aspect was the strong interest from the Eastern States which is a good indication the Goldings must be doing something right with their breeding program.”