Another Record Sale for Te Mania
Te Mania Angus sold a record $1.23 million of bulls at the largest on-farm sire sale in New Zealand. More than 400 people attended the June sale where 149 bulls sold fetching an average price of $8268. This was up from Te Mania’s previous record average of $7897 achieved in 2011.
The top priced bull made $18,000 to the bid of Lindsay Johnstone of Rangitatau Trust at Whanganui. A Te Mania Futurity son, Te Mania 10 752 was a thick, stout bull with a very balanced set of EBVs. He was in the top 1% for 600 day weight and carcase weight, top 5% for Calving ease Daughters, 400 day weight and Self Replacing Index, top 10% for Gestation length and 200 day weight and top 20% for EMA
Te Mania Livestock Managing Director John Harrington said it was great to make record prices but Te Mania’s goal was to supply leading edge genetics at affordable prices to commercial farmers, which helped drive its link with Angus branded meat through Countdown supermarkets.
Around half of the offering made $5000 or less and
He said the Te Mania shareholders were pleased by the record gross and average prices, indicating the breeding programme was on the right track of supplying quality genetics to the market place.
The sale results reflected the higher profile of the Angus breed.
“It’s a combination of programmes like our Farmpure brand that has given Angus a lot of exposure and more value to our clients if they are selling calves of finishing them.”
Prices reached a top of $7200 at the Te Mania Spring sale of yearling bulls specially selected for calving ease.
The bull was purchased by regular buyers Ralph and Sue Brownlie, Raupunga, Northern Hawkes Bay.
All the 50 bulls catalogued – Celebrating the 50 year milestone of calving two year heifers, sold through the ring for an average of $3466.
The sale, now in its eighth year, has gone from strength to strength as clients recognise the value of purchasing a bull from a programme with a long history of calving ease and EBVs to back it up.
“Clients are very satisfied with the bulls they are getting from this sale to breed with their 14 month heifers,” says Te Mania Managing Director John Harrington.
“They are finding that the heifers can produce a live calf with the minimum of fuss, which is critical in setting the heifer up for her productive life.”