… Average bull prices highest since 1998
By Confidente Reporter
AGRA Namibia says 2017 saw the average bull price at N$41 473 on its stud auctions which is recorded as the second highest since close to decade ago.
According to Agra a first higher average price for a bull since 1998 was only in 2012 when a bull was selling for N$42 488 on average, however, last year buyers were prepared to pay a premium price for good quality bulls.
“The significantly higher prices that were paid for weaners, contributed to the fact that buyers were willing to pay more for breeding- and herd bulls,” said Elvira Hattingh, Agra’s communications and public relations officer. “This increase in the cycle for cattle prices could not have come at a more favorable time and brought financial relief to many livestock producers,” she added.
“During 2017, buyers were prepared to pay N$40 000 and more for good quality bulls on Agra auctions. By contrast, the average price for bulls in 2016 were N$31 786.
“The most expensive bull on an Agra auction was sold for N$210 000 last year, compared with 2016’s most expensive bull that was sold for N$100 000. 2017’s most expensive bull came from Hartebeestloop Bonsmaras.”
Hattingh continued: “A Brahman bull sold by the breeders Günther Hellinghausen and Ryno van der Merwe, also fetched a price of N$190 000 at Agra’s national auction last year.”
During 2017, Hattingh stressed, Agra Stud Services offered a total of twenty stud auctions and sold 191 more bulls than in 2016. These were the most bulls sold annually since 2015.
The Gobabis Bonsmara Auction, Hochfeld Joint Production Auction, Boran National Auction and Northern Select Auction have all delivered 100% sales, according to Hattingh.
Brahman breeders sold the most bulls (270 bulls) on Agra auctions in 2017, followed by Bonsmara breeders (112 bulls), Simmentaler breeders (82 bulls), Simbra breeders (46 bulls), Boran breeders (18 bulls) and Braunvieh breeders (10 bulls).
During 2017, the 10 Braunvieh bulls sold on Agra auctions achieved the highest average price of N$54 000. By contrast, in 2016 ten Braunvieh bulls were sold for an average price of N$27 500. A total of 112 Bonsmara bulls were sold on Agra auctions at an average price of N$48 464 in 2017 (in 2016, 99 bulls were sold at an average price of N$35 171), 1 Braford was sold for N$48 000 (in 2016, 1 bull was sold for N$24 000) and two Sussex bulls for an average of N$44 000 (in 2016 four (4) Sussex bulls were sold for an average price of N$20 750).
“In 2017, 18 Boran bulls were sold on Agra auctions for an average price of N$43 888 (in 2016, 5 bulls were sold for N$25 700 on average).“82 Simmentaler bulls were sold for an average price of N$40 378 (in 2016 48 Simmentaler bulls were sold for an average price of N$25 083) and 9 Santa Gertrudis bulls were sold at an average price of N$40 000 (in 2016, 1 bull was sold for N$30 000).” In 2017, a total of 270 Brahman bulls were sold on Agra auctions for an average price of N$39 624 (in 2016, 153 bulls sold on average for N$31 594), 3 Charolais bulls were sold for an average price of N$36 666 (in 2016 three bulls were sold at an average price of N$26 000) and 46 Simbra bulls were sold for an average of price of N$35 5100 (in 396, 39 bulls sold for an average price of N$33 333).
One of the most sought after achievements in stud breeders’ circles, is to earn the highest average price for your bulls on a single auction; Len de Jager sold four bulls on the Paresis auction for an average price of N$78 250. Likewise, Joggie Briedenhann sold 32 bulls at an average price of N$70 875.
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