A large and enthusiastic crowd gathered at the Gilmandyke annual Angus autumn bull sale at Orange last Thursday.
There was 100 per cent clearance of 25 bulls offered and 50 heifers. A top price of $16,000 and average of $8960 was paid for the bulls, while the heifers topped at $3250 and averaged $2454.
Stud manager Gavin O’Brien, believed the sale was a reflection of current trends saying in the current market there is a lot of confidence to reinvest.
“Comparing this sale to last year we are up $4000 on average for bulls and heifers are up $500. The cattle prices, demand and seasons have all aligned,” Mr O’Brien said.
“Sales in the past 18 months have been red hot and buyers find they are getting good value for money here.
“We have a lot of long-term, repeat buyers but there are some new guys coming in which is great.
“Some are chasing bigger cattle to produce bullocks or bigger steers, although on the whole they are looking for moderate bulls.”
Justin Guy, Bowyer and Livermore, Bathurst, purchased Gilmandyke Reality L0157 (APR)(AI), a 734 kilogram, 21-month-old son of Matauri Reality 839, for $16,000 on behalf of an Oberon based enterprise who has a herd of about 220 Angus and Angus/Charolais cross.
“The cattle market is right to buy now, traditionally, this is a sale that has good value,” he said.
“I really liked the length of body and depth. We viewed him in paddock a few weeks ago.
“He has great balance, great EBVs and will cross well over both the Angus and Charolais that my clients have in their enterprise.”
They also paid $7000 for 21-month-old, 702kg Gilmandyke Hercules L0238 (AI) (ET).
Phil, Di and Scott Johnston, Coonabarabran, were return purchasers picking up four bulls.
Phil Johnston said they like the bloodlines.
“This stud seems to have been flying under the radar for a few years but that is over now as they have good bulls and are well priced,” he said.
“They have excellent mothering characteristics, low birth weight and are well balanced with good growth rates.
“We grow our stock out to about 500kg for the feedlot market so a fast growth rate is good.”
Clements McCarthy agent, James Hagney, Bathurst, purchased 13 heifers on behalf of Bruce and Marg Armstrong, “Springbank”, Oberon, who are first time purchasers.
“It is hard to find quality PTIC heifers,” he said.
“These heifers will have a massive influence on their herd.”
GTSM conducted the sale with auctioneer Michael Glasser on the rostrum.
