Top price at Rangatira
Rangatira Angus Stud on Coventry Station at Muriwai sold a $72,000 bull yesterday in their rising two-year-old auction.
At the other end of the catalogue the commercial buyers did well.
On Monday Rangatira was a key part of a New Zealand-high purchase price at the Tangihau Stud sale, when Charlie and Susie Dowding paid $86,000 for a bull.
Lot 3 in their sale yesterday was decided after frenetic bidding rocketed up to the $72,000 mark.
“There were three or four under-bidders, and they were all on to him,” said auctioneer Neville Clark.
“He’s a lovely bull, with presence, an excellent top line, full-barrelled and super quiet.
“He looks like a breeder.”
The bull was purchased by Gunton Farms aka Argyle Station in Southland.
The Dowdings were rapt about it.
“He was our favourite and we were thrilled that he’s gone to a stud.” Mr Dowding said.
Rangatira sold another bull for $40,000, bought by the Devery family from Pikoburn Holdings in Southland.
Eighteen of their lineup went for five figures or more.
The sale average, though down on last year, was still a solid result at $9990, with 55 of the 57 bulls up for auction sold.
“There was a bull for everybody today. There was some good buying in there,” Mr Dowding said.
“It has been great to have such great attendance at all the East Coast sales.
“There’s been a lot of bulls to sell and a lot for people to chose from. I think it’s worked well for everybody.”
He thanked the team at Rangatira and all their helpers and volunteers.
“Susie and I would especially like to thank Dollar Maxwell and Alastair MacPherson.”
Auctioneer Clark said the buyers appreciated the bulls that had a lot of class and style about them at the front of the catalogue.
“Hence the top price paid for Lot 3.
“The commercial guys were well catered for too with sound, well-structured, well-balanced commercial cattle that will lift their production.”