Skibo Angus inaugural stud sale at Gloucester clears 16 of 17 bulls to $13,000 top on local and volume support

Summary

The inaugural on-property bull and heifer sale for Skibo Angus stud at Gloucester proved a success, driven by strong local and volume buying. The stud sold 16 of 17 bulls offered to a top of $13,000 and an average of $6720, and cleared its full offering of 10 cows and calves carrying Wattletop and Glenavon bloodlines. The top-priced bull, Skibo V19, a rising two-year-old by Ascot Signpost S435 and a grandson of Dunoon Prime Minister P758, sold for $13,000 to long-time clients who also purchased 10 rising three-year-old cows with calves by Ascot Stockbroker S382 at $3400 per unit, aiming to strengthen a line of 100 Angus-cross breeders. The second top-priced bull, Skibo V22, by Wattletop N61, made $12,500, while Skibo V9, another son of Ascot Stockbroker S382, sold for $12,000 to a father-and-son partnership. Bulls predominantly stayed local, although volume buyers from Walcha secured three bulls for an average of $7500. The sale was run using the Helmsman auction system, which the stud said it would use again despite a slow start, having moved away from a long-running all-breeds sale in Gloucester to stand on its own. Additional bulls sold before and after the event, with the vendor reporting continued demand for the genetics and crediting a strong season for contributing to the positive outcome. The result offered an encouraging foundation for the new stud's future annual sales program in the region.

 

Key Data

Metric Value
Bulls sold 16 of 17
Top price $13,000
Average $6720
Cows and calves sold 10 of 10
Cow-and-calf price $3400 per unit
Second top-priced bull $12,500
Volume buyer 3 bulls, $7500 average

 

Frequently Asked Questions (FAQs)

How did the inaugural Skibo Angus sale perform?

The stud sold 16 of 17 bulls offered to a top of $13,000 and an average of $6720. It also cleared its full offering of 10 cows and calves.

What was the top-priced bull and its breeding?

The top bull, Skibo V19, a rising two-year-old, sold for $13,000. It was by Ascot Signpost S435 and a grandson of Dunoon Prime Minister P758.

What did the cows and calves sell for?

The full offering of 10 cows and calves sold, carrying Wattletop and Glenavon bloodlines. Ten rising three-year-old cows with calves by Ascot Stockbroker S382 made $3400 per unit.

What were the second and third top-priced bulls?

The second top-priced bull, Skibo V22, by Wattletop N61, made $12,500. Skibo V9, another son of Ascot Stockbroker S382, sold for $12,000 to a father-and-son partnership.

Who were the volume buyers?

Bulls predominantly stayed local, but volume buyers from Walcha secured three bulls for an average of $7500. Additional bulls also sold before and after the sale.

What auction system was used?

The sale used the Helmsman auction system. The vendor said it was slow to get going but would be used again for the next sale.

Why did the stud hold its own sale this year?

The stud had previously sold at a long-running all-breeds sale in Gloucester before deciding to stand on its own. A strong season was credited with contributing to the positive outcome.

 

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