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Balonne Invitation Bull Sale

BIG SPENDER: Gary Lee, Nangarie, Roma, paid the top price of $10,500 for lot 25 offered by Darren Hegarty, of Carabar Angus Stud, Meandarra, at the Balonne Invitation Bull Sale.  
BIG SPENDER: Gary Lee, Nangarie, Roma, paid the top price of $10,500 for lot 25 offered by Darren Hegarty, of Carabar Angus Stud, Meandarra, at the Balonne Invitation Bull Sale.  

IT WAS a top line-up of quality bulls at the multi-vendor, multi-breed Balonne Invitation Bull Sale recently.

The initial offering of angus bulls sold well but a number of breeds struggled to attract competition with a tough market.

There were 64 buyers in action at the sale conducted by GDL and Elders at "Myall Plains", Nindigully, down on last year's number.

A total of 114 bulls were sold for a gross of $553,000 and overall average of $4850, a significant drop on last year's gross of $787,500 and average of $6152.

The clearance rate also dropped from last year's 99% to 84%.

Thirty-two charolais bulls averaged $4000, 37 angus bulls averaged $6486, nine brangus sold for an average of $3785, 57 santa gertrudis averaged $4150 and one senegus sold for $4500.

The top price of the sale was $10,500 paid by Gary and Nancy Lee, Nangarie, Roma, for an angus bull offered by Darren Hegarty from the Carabar Angus Stud at Meandarra.

McWhirter Pastoral Company, Pine Hills, Weengallon, were the volume buyers on the day, followed closely by John Lyons, Billeroy Farms, St George.

Rob Grieve, Balinga, Millmerran, was very pleased with his purchase of two bulls from Craig Hindle's Bullamakinka Stud at Bungunya.

"I couldn't get near the bulls last year so I was really happy to see values come back to a buyers market," he said.

This year vendors included Lawsons Angus, Toobeah, Swan Hill Santa Gertrudis Stud, Blackall, Wightfields Santa Gertrudis Stud, Chinchilla, LVH Fairfield Charolais Stud, Roma and Kajarabie Brangus Stud, St George.

The 2013 Balonne Invitation Bull Sale will be held at "Myall Plains", Nindigully, on September 9.

Topics:  cattle livestock markets prices sales