Stud Stock update - March 2022 - Elders Rural Services

Stud Stock update – March 2022

March was a busy month for Elders Stud Stock team with several key sales taking place across Australia.

In this edition of the Stud Stock update we take a look at some notable sales from Queensland and Victoria.

31st Highlands Droughtmaster Sale – Queensland

The positive results keep coming for vendors at the 31st Highlands Droughtmaster Sale, held at the Clermont Saleyards in north Queensland.

With an outstanding collection of Droughtmaster genetics on offer, eleven vendors presented 66 bulls (selling to 99 per cent clearance) to bidders both locally and over-the-phone, increasing from last year’s sale total to gross $701,000. This averages $10,621 per bull.

The sale was boosted by not one, but three top-priced lots reaching $26,000. First-time vendor Vale View Droughtmasters were the first to achieve top honours during the sale, with Lot 52 Vale View Denzel 2 (pictured below) purchased by Paul Dingle, Warringle Partnership.

The Elders Stud Stock Queensland would like to congratulate the Highlands Droughtmaster Sale committee for another great sale.

You can read more about the Highlands Droughtmaster Sale on our Facebook page.

Vale View Denzel 2 was one of three top-priced bulls at the 31st Highlands Droughtmaster Sale.

Rocky All Stars Elite Brahman Female sale - Queensland

As crowds gathered at CQLX Gracemere for the annual Rocky All Stars sale, there was an energy in the air.

Thanks to improving seasons in northern Australia, coupled with an ongoing buoyancy in the beef cattle market, demand for quality genetics has increased.

Could this be a sign of things to come for quality female genetics?

Presenting a catalogue of 68 red and grey Brahman heifers, along with several straws, vendors were delighted as the sale achieved 100pc clearance and sold to average $10,846.

It was clear that bidders were eager to secure the best on offer, when the remarkable red Brahman heifer Stockman Indianna 489 (AI) (PP) sold for a sale record of $42,000. Presented by C McCarthy and purchased by a partnership between Burdekin Brahmans and Rosetta Grazing, it was the homozygous polled status and overall style that attracted buyers and indicated a further move towards the value of polled genetics in northern Australia.

View live bidding and a sale summary on our Facebook page.

Te Mania Angus – Victoria

Tom Gubbins with Jodie, Claire and Shane Foster, Boonooroo Angus, Casterton, and Hamish McFarlane, Te Mania Angus.
L-R: Tom Gubbins with Jodie, Claire and Shane Foster, Boonooroo Angus, Casterton, and Hamish McFarlane, Te Mania Angus. Image credit: Stock & Land. 

The Te Mania Angus sale was held by sole agents Elders on 2 March, on property near Mortlake, with vendors Tom and Lucy Gubbins and Hamish and Amanda McFarlane.

Te Mania are arguably one of the most influential seedstock operations in Australia. 165 Bulls were offered and sold for a stud record average of $18,436.

Bulls sold to Queensland, New South Wales, Tasmania, South Australia, Victoria and New Zealand. The sale was underpinned by strong commercial support.

The top sale of the day was $130,000 – a stud record – for Lot 168 Temania Reaves R574, sold to Elders clients, Boonaroo Angus Stud, run by the Foster family of Casterton, Victoria and Seven Hills Angus, Eketāhuna, New Zealand.

The second top sale was $120,000 for Lot 3 Te Mania Rhynie R1095 to a syndicate led by Rennylea Angus Culcairn which included Landfall Angus, Tasmania and Kunuma Angus Stud, Rhine Falls, NSW.

Are you looking to increase your herd? Elders hold Stud Stock sales across Australia.

View the sales calendar