Sugarloaf Angus stud held its third annual on property sale at Dungog on Saturday, selling 41 of 42 Angus bulls for a 97 per cent clearance, averaging $9,658 with a top of $44,000. The stud also sold five Black Simmental bulls for a 100 per cent clearance, averaging of $5400 and four pens of cows and heifers for a 100 per cent clearance, averaging $1950.
The $44,000 top-priced bull was 25-month-old Sugarloaf Harvester N174 a favourite of stud principal Jim Tickle and his pick of the sale.
By the $275,000 SAV Harvestor 0338 and out of Sugarloaf Cleo J15, weighing 960 kilograms he was purchased by Justin and Kate Boshammer, JK Cattle co, Condamine Queensland for their stud operation. Kate travelled down to bid on the bull alone while Justin managed the bulls at home for their upcoming sale.
Bulk buyer of the day was Margo Duncan of Boambee Angus, East Seaham who purchased a total of four bulls for an average $16,250 and top of $36,000.
The Duncan family were the underbidder on the top price bull and succesfully purchased the second top-priced bull, 25-month-old Sugarloaf Harvestor N169, the only other progeny of SAV Harvestor 0338 on offer. He weighed in at 894kg and was out of Sugarloaf Winkie J22.
Stud principal Jim Tickle, was blown away by the phenomenal results of the sale and thanked all new and repeat buyers.
The sale was conducted by Bowe and Lidbury and Dillon and sons with Auctioneer Paul Dooley.
Read the full report in next weeks edition of The Land