AN American Angus bull has sold for a world record $1.51 million (US) or $2,129,990.90 (AUD) on Saturday.
Selling an 80 per cent semen share and no possession, SAV America 8018 was sold to Herbster Angus Farms for the record breaking figure after he was offered by Kelly and Martie Jo Schaff during their Schaff Angus Valley bull sale.
The 12-month-old sire was by SAV President 6847 and out of SAV Madame Pride 0075 and had the heaviest 205 day weight gain in SAV history of 502 kilograms.
He was described by the auctioneer before the sale as one of the best to enter the Schaff Angus Valley sale ring for his bull power, cow power and potential investment.
Overall, 414 bulls were sold to average $15,726 while 201 females sold to a top of $65,000 (USD) and an average of $10,017 (USD).
The Schaff family are well known around the world for achieving record prices for their Angus genetics.
In 2018 they set a new world record Angus breed price when their sale recorded a top of $800,000 (USD) at Saint Anthony, North Dakota on February 10.