Inaugural Belmont Red female sale at Coolabunia tops $2900 with a 90.9 per cent clearance

Summary

The inaugural Belmont Red Female and Infused sale drew strong bidding at the Coolabunia saleyards on July 25, despite cold weather and heifers outnumbering the crowd. Two vendors offered a combined 33 females, of which 30 sold for a 90.9 per cent clearance. The stud offering reached a $2900 top and a $1695 average, grossing $50,850. The top-priced heifer, catalogued as Wahroonga 250336, was offered by a Wahroonga Belmont Reds vendor and secured by a Childers buyer near Bundaberg who planned to use her in his breeding program. She was sired by Wahroonga 230083 and bred from a Wahroonga dam. The event was organised as an additional fixture after the Belmont Red Society approached agents about lifting numbers and driving commercial demand, complementing the association's long-running combined bull and female sale at Gracemere. A following commercial sale of 16 lots, offered by Somerset Pastoral Company, included Belmont Red heifers and steers and recorded a 100 per cent clearance, a $980 average and a $1400 top. On vendor averages, Greenhills Belmont Reds offered 11 head for a full clearance and a $1413.60 average, while Wahroonga Belmont Reds offered 22 head, selling 19 for an 86 per cent clearance and a $1857.90 average. Agents described the result as solid, noting good demand and quality cattle that gave commercial producers a chance to invest in Belmont genetics. Organisers said the turnout generated fresh interest in the breed and its society, and they were already looking ahead to a 2027 event.

 

Key Data

Metric Value
Stud sale top price $2900
Stud sale average $1695
Stud sale clearance 30 of 33 (90.9%)
Stud sale gross $50,850
Commercial sale top $1400
Commercial sale average $980
Greenhills vendor average $1413.60
Wahroonga vendor average $1857.90

 

Frequently Asked Questions (FAQs)

What was the top price at the inaugural Belmont Red female sale?

The top price was $2900 for a Wahroonga heifer. The stud offering averaged $1695 and grossed $50,850.

What was the clearance rate?

Thirty of the 33 stud females sold, a 90.9 per cent clearance. The following commercial sale of 16 lots recorded a 100 per cent clearance.

Why was the sale held?

The Belmont Red Society approached agents to run an additional female sale in the area. The aim was to lift numbers, generate interest and drive commercial demand, alongside the association's annual combined sale at Gracemere.

How did the commercial sale perform?

The 16-lot commercial offering of Belmont Red heifers and steers sold to a $1400 top and a $980 average. It recorded a full clearance.

What were the vendor averages?

Greenhills Belmont Reds sold all 11 head for a $1413.60 average. Wahroonga Belmont Reds sold 19 of 22 head, an 86 per cent clearance, for a $1857.90 average.

How did agents view the sale?

Agents called the result solid, citing good demand and quality cattle. Agents noted commercial producers had a strong opportunity to invest in Belmont genetics.

 

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