Banquet Angus records close to $6000 average price rise at spring bull sale
Recent rainfall and the "best ever" line-up of bulls saw Banquet Angus stud's spring bull sale lift almost $6000 in average from last year.
The stud held its on-property spring bull sale at Mortlake on Friday and sold 32 bulls to full clearance for an average price of $18,343, up $5697 from the average price of $12,646 achieved for 31 bulls last spring.
Hamish Branson, Banquet Angus, said the family was "very pleased" with the results of the sale.
"It was probably the best run of bull we've offered in a spring sale," Mr Branson said.
He said the combination of a stellar line-up of bulls, a good seasonal outlook for spring and a rising cattle market hit the sweet spot for the sale.
"The way the cattle prices are at the moment and the confidence for the market going forward was a big bonus for our sale," he said.
The sale also saw a number of new clients operating from three different states, including Victoria, NSW and Western Australia.
The top-priced bull, Lot 7, Verdict V004, was bought by Springhills Angus stud, Bunbury, WA.
Mr Branson said the bull has always been a standout for its extreme width, volume, capacity and thickness.
"He is a very unique type of bull," he said.
"He has a big, strong head, a lot of bone, a lot of grunt and a very nice pedigree.
"He's phenotype was very unique in those traits and also very docile."
The bull was sired by Sahara S228, who sold for $34,000 in the stud's autumn sale two years ago, while his dam, Vitality D019, was "one of the favourites" Banquet purchased from the Anvil Angus stud dispersal.
The second top-priced bull, Lot 2, Vertex V023, came in close behind their top-priced bull.
He sold for $30,000 to a local commercial client at Hawkesdale.
Lot 21 sold for $27,000 to a commercial client at Peterborough.
Lot 18 sold for $26,000 to Rosskin Angus stud, Dalgety, NSW.
"It was a very consistent sale," Mr Branson said.
"We didn't have a big top, and then a heap of bulls at $18,000-$20,000."
At the stud's autumn sale last year, the $230,000 sale-topper broke the record for the highest-priced bull ever sold at a Victorian auction.
