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TAS Country : March 24th 2011
10 Tasmanian Country Friday, March 25, 2011 Bumper Prices for young Tasmanian-bred cattle continued to climb to new levels at last week's Elders' weaner sale at Powranna. By Karolin MacGregor IT was Elders' first major weaner sale of the season and 2600 cattle went under the hammer. Strong demand from feedlot backgrounders, res- tockers and fatteners saw prices reach a new record for calves at Powranna of $1025 a head. The top price went to a line of 400kg Angus steers from KJ andDA Mahn- ken from their Follywood property at Bangor. The steers were purchased by Yaxley Holdings from Dev- onport. Average price of steers at the sale was $787 a head, an increase of $232 a head compared with last year. Elders' state business de- velopment manager Ben Grubb said credit for the sale had to go to the cattle vendors. ''The success of the sale is really a reflection of the quality of the calves pro- duced and the good job done by all the vendors underpinned by a good season,'' he said. ''There was very strong demand, particularly from the feedlot backgrounders right through to the fat- teners and the restockers.'' In the heifer section, competition was also fierce. As a result heifers topped at $870 a head for a line of Angus heifers from CD and GC Steel from Sillwood at Winnaleah. They were purchased by G & G Oliver from Longh- erenong Livestock. Mr Grubb said a surpris- ing aspect of the sale was the number of heifers that had been purchased by fatteners who had been priced out of the steer market. This saw the aver- age heifer price reach $685, an increase of $221 a head on last year. Mainland buyers were also out in force at the sale with about 14 per cent of the yarding going across Bass Strait. Some other highlights of the sale include a line of Angus steers from the Kidd family's Mount Stuart property that top- ped at $990 a head and averaged $947. Wickford Pastoral sold Angus steers topping at $975, while Kernita Lodge Pastoral at Winnaleah sold Angus steers topping at $915 and averaging $885. In the heifer section Kernita Lodge Pastoral's cattle were again sought after making a top of $830 a head and averaging $801. STOCK REPORT Breeders buoyed by bullish market BULL breeders have seen their averages improve by $1400 this autumn. Of 63 stud bull sales across Victoria, the Riverina, southeast South Australia and Tas- mania in the past five weeks, 3111 bulls sold for an average $5301 -- $1389 more than this time last year. Last autumn, the first six weeks of the bull- selling season returned an average of $3912 for 2895 bulls sold, from 3295 offered by 58 studs. Though this year's result was helped by record prices -- Te Mania Angus at Mortlake set a new benchmark of $91,000 for a British-bred bull sold at auction -- many studs recorded averages $1000-$2000 better than last year. The total clearance of 94 per cent -- 3111 bulls sold from 3298 offered -- was also well up on last year, with studs of all sizes and breeds reporting renewed demand for stud stock and genetics on the back of an improved season, the best calf sale results in history and all-time high prime cattle prices. At Lawsons Angus, Glenburn, last week, principal Harry Lawson was pleased with the stud's record-high sale of $31,000. In total, 213 of 215 bulls offered sold for an average of $5793 -- $1894 more than last year. Also doing well last week was Merridale Angus at Tennyson, where bulls topped at $27,000 and averaged almost $7000. The Weekly Times
March 17th 2011
March 31st 2011