165 bulls offered and sold, to a high of $130,000 and average of $18,437.
Bulls sold to six-figures twice at our annual on-property bull sale at our Mortlake headquarters on Wednesday.
The 165 sale bulls offered on March 2nd are the product of more than 50 years of performance recording and dedication to objective measurements.
The trust people increasingly have in the figures – the “science of genetics” – was reflected in the 60 bulls knocked down to AuctionsPlus and the many others where the online platform was the underbidder.
It started from Lot 1, with Te Mania Rising R1279 (AI) being knocked down for $26,000 to an AuctionsPlus buyer.
Lot 3 might have been knocked down to buyers at the sale, but AuctionsPlus was a critical part of the bidding as Te Mania Rhynie R1211 (AI), the third bull offered, raced to $120,000 in less than a minute, breaking the 11-year-old sale high of $91,000 for Te Mania Emperor.
With just eight lots left in the 165-strong catalogue, western Victorian stud Boonaroo Angus Beef rocked the sale pavilion’s crowd and blew the new record out of the water with a closing bid of $130,000 for Lot 168, Te Mania Reaves R574 (AI). Boonaroo also had paid $34,000 for Lot 20 (in partnership with New Zealand stud Seven Hills).
Both bulls are grandsons of Te Mania Kirby and sons of Te Mania Peru. Kirby is the highest-ranking Angus marbling bull in Australia; and his son Peru had 10 bulls in the sale, grossing $418,000 and averaging $41,800.
Volume buyers also played a major role in the sale, with Gippsland’s MA and HJ Johns putting together a line of 13 bulls to a high of $22,000, gross of $220,000 and average of $16,925. Winton, Queensland, based Brodie Agencies took 15 bulls to a high of $14,000, gross of $170,000 and average of $11,333.
Boonaroo’s Shane Foster said he could not fault his $130,000 purchase, the most he has paid for a sire.
“This is a bull my wife Jodie and I really wanted; and we believe he will have some major impact on our genetics with his IMF and EMA in particular,” he added.
“He’s just for our use, and after buying the two bulls I am pretty confident we will make some major progress” he said.
Tom Gubbins described Te Mania Reaves as a “really balanced bull, very stylish and one that ticks a lot of the boxes as well as being suitable for use over heifers”.
Earlier in the sale a syndicate of Rennylea Angus, Landfall Angus, Kunuma Angus and a Queensland commercial producer splashed out $120,000 for Lot 3.
Kunuma’s Dean Lynch said the bull would eventually stand at his Cooma, NSW, stud – although he is expected to be in the collection centre for some time.
Bryan Corrigan from Rennylea said the bull’s figures were so balanced he would easily fit the breeding programs of all syndicate partners.
Te Mania Rhynie is in the top 1 per cent of the breed for marbling.
Rennylea, Landfall and Kunuma were also part of the syndicate which paid the $65,000 top price at the Te Mania Angus 2021 on-property sale.
Main picture: Tom Gubbins, Jodie, Claire and Shane Foster with Hamish McFarlane