Annual bull sale a success for Territory tough cattle
All 97 bulls were sold on Wednesday 1 July 2020 in the Department of Primary Industry and Resources (DPIR) seventh annual online bull sale.
Phil Hausler, DPIR’s Executive Director of Agriculture said “We’re really happy with how the sale went, a great increase on last year’s results where only 62 of 96 sold at auction.”
“It is a good result in the current tough times and the high clearance rate shows the great value placed in the department’s breeding program to produce Territory tough cattle,” said Mr Hausler.
The DPIR breeding program produces cattle with high fertility that are adapted to the climate and conditions of the Northern Territory (NT). The online auction allows industry to access quality genetic material which is the result of years of departmental research.
The top selling bull this year was a 394kg, Brahman that sold for $4,600. The average prices of bulls that sold in the sale were $2,366 for Brahmans and $1,750 for Composites.
Holding the sale online each year makes these bulls available to industry and buyers from as far as Western Australia and Queensland. This year’s sale drew one successful buyer from Western Australia with the remainder of buyers coming from the Territory.
Bull selection is critical for profitability as the bull selected today can influence the genetic makeup and performance of the herd for the next 10 years. All the bulls sold had estimated breeding values which objectively predict how their offspring will perform compared to the breed average. Also a bull that has been bred and selected in an environment that is equal or harsher than your own is highly likely to produce calves that are highly adapted and productive in your environment.
Supporting beef cattle production industries is an important ongoing NT Government program to drive growth and diversification of this long-standing, established sector. The agriculture, forestry and fishing industry contributed $700 million to the NT’s economy in 2018/19.
DPIR looks forward to presenting more bulls for auction from these projects in 2021.
Find out more about breeding cattle and herd improvement techniques