156 bulls offered, 156 bulls sold to a top of $30,000
Sale average $9,282
On Wednesday, Te Mania Angus put up its largest draft of sale bulls ever, offering 156 bulls. With a 100pc clearance rate, they achieved their highest sale average, of $9,282, selling to five states.
Jodie and Shane Foster of Boonaroo Angus, Casterton, purchased the top price bull, Lot 8, Te Mania Lackey L27 for $30,000.
This impressive son of Te Mania Garth G67 was in the top 1% of the Angus breed for all 4 Profitability Indexes – Angus Breeding Index of $153, Domestic Index of $133, Heavy Grain Index of $176 and Heavy Grass Index of $140. Weighing 788kgs, he had excellent EBVs across the board, with Birthweight of 4.1 bending the growth curve to a 600D weight of 127, combining with excellent calving ease, docility, carcase and structure.
Mrs Foster said they selected L27 for his calving ease, growth, $Indexes, perfect structure and temperament.
The second highest price was Lot 18, Te Mania Lakewood L119, also by Te Mania Garth G67 who sold to partnership between Curracabark Angus at Gloucester, NSW and Pathfinder Angus at Gazette, Victoria.
True to type of bulls by Te Mania Garth, this stylish sire has high growth, fertility, carcase traits, with exceptional docility and $Index values for all four markets.
Other stud breeders to purchase in the sale were Corey Ireland of Irelands Angus, Wagga Wagga; David Murray of Kilburnie Angus and Chris Oswin of Alpine Angus.
Minnamurra Pastoral purchased seven bulls for an average of $13,720. Selected by Manager Dennis Power, and Tony Dowe, Dennis said “Minnamurra have been purchasing all their sires from Te Mania for nearly 20 years. We keep coming back for the quality and performance of the genetics, and it stands out in our breeding herd.”
Dennis said, “as a form of benchmarking against the industry, we recently we entered four teams of 5 steers in the Beef Spectacular Feedback trial. In this 100 day competition, the pure Te Mania steers averaged 2.5kg/day weight gain. Out of 74 teams, Minnamurra were awarded Reserve Champion Pen, 5th, 8th and 12th, and Champion Pen in the Teys Premium.”
The new Te Mania bulls will go to their property Cortina, Mudgee, NSW, where they join about 2500 Te Mania blood females for a spring calving.
30 bulls on the day were purchased online through AuctionsPlus. Anna Adams managed the bidding on-site at Te Mania where 8 bidders were successful from 5 states – Victoria, NSW, Queensland, South Australia and Tasmania.
There were another 46 registered bidders on online service and another 112 who watched the sale. Ms Adams said AuctionsPlus bidders were active on 152 of the 156 lots.
Anna said “this was a higher than average participation on the cattle sale for the platform, and that it reflected Te Mania’s strong reputation and established bloodlines in the industry, and outstanding pre-sale marketing that included videos that reassured buyers that the bulls moved well.”
The strong uptake of buyers using AuctionsPlus showed a confidence in the information made available online. This information included an interactive on-line catalogue and video footage of each bull.
The greatest genetic boost for producers came from the Te Mania Angus sire-lines who are extensively progeny tested in commercial conditions throughout commercial herds across New South Wales, Victoria and South Australia.
Te Mania Garth had 38 sons in the sale. All four $ Indexes rank in the top 1% for profitability on Angus Breedplan. Combine this with moderate birth weight, high growth rate and exceptional temperament, he is already making a big impact in the industry. The 38 sons of Garth sold for an average OF $11,105.
Te Mania Gaskin G555, by Tuwharetoa Regent, had 14 sons who sold for an average of $11,285.
Te Mania Jerome VTMJ131, by Te Mania Berkley B1, is a carcase specialist achieving excellent results throughout Team Te Mania herds. His 10 sons sold for an average of $12,600. Te Mania Jenkins J89 had 15 sons in the sale who impressed with plenty of frame and very high $Index values, averaging $10,066.
The overwhelming feeling was that there was excellent value for everyone, with 94 bulls selling for $8,000 or less – well short of the old rule of thumb that a bull should cost about the same as you get for 10 steers.