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Te Mania Hits $1million Again

Te Mania Hits $1million Again

For the third year running Te Mania Angus has sold over $1 million of bulls at the largest on farm Angus bull sale in New Zealand.

Under less than ideal conditions – with the impact of the widespread dry, lower returns in the sheep and beef sector, the imminent storm warnings leading into the sale and finally a power outage minutes before the sale commenced, the result was very pleasing.

Of the 152 bulls offered through the ring, a record 150 sold under the hammer for an average of $6836.

“We lost our stride a bit with the power going out but auctioneer, John McKone, rose to the occasion and sold the first 83 lots in the dark, without missing a beat,” says Te Mania Livestock Managing Director John Harrington.

“While the power was out 25 of the first 83 lots sold for $10,000 or more,” he says.

The top selling bull, 11 547, made $20,000 to the bid of James Fraser, Stern Angus and Ben Todhunter, Cleardale Angus. He was sired by Te Mania’s new sire, Tuwharetoa Regent D145. Regent was purchased by Te Mania in partnership with Te Mania Australia and Dunoon Angus, Australia at the Tuwharetoa dispersal sale in New South Wales for Aust $50,000.

This year’s Te Mania sale provided the first opportunity in New Zealand to purchase a Regent son and there was plenty to pick from with 61 out of the 152 bulls offered by him.

“The Regent sons have lived up to their high expectations for fertility, growth and carcase, says John. “We purchased him for the performance package he offered. He’s very complete and on the phenotype side Regent is structurally sound, offering tremendous feet and legs and is an athletic type of bull.”

Regent is the Number 1 bull in Australasia for IMF/Marbling and is high ranking for all the growth and carcase traits, which have been passed down into his progeny.

Over a third of the Regent sons offered at Te Mania fetched over $10,000 and they attracted the top 15 prices of the day for an impressive average of $8664.

“It was great to see the large number of repeat buyers prepared to invest in the future of their herds even under the current difficult conditions,” says John.

“It was evident that our clients are performance and production focused. Buyers had diligently screened the catalogue to find bulls that would enhance their breeding programmes.”

“And they were prepared to bid up on bulls that ranked highly for multiple traits, which shows their understanding and confidence in breeding values and the comprehensive evaluation our bulls go through,” he says.

ends

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