Bull prices skyrocket
Buyers were prepared to pay a premium price for good quality bulls last year at Agra's stud auctions.
The average price paid for bulls at Agra's stud auctions last year was the second highest in two decades, with the most expensive bull selling for a whopping N$210 000.
The average bull price jumped to N$41 473 last year, making it the second highest average price paid since 1998. Only in 2012 a higher average price of N$42 488 was achieved.
In contrast the average price for bulls in 2016 were N$31 786.
According to Agra, buyers were prepared to pay a premium price for good quality bulls last year.
The company explained the significantly higher prices paid for weaners contributed to the fact that buyers were willing to pay more for breeding and herd bulls.
“This increase in the cycle for cattle prices could not have come at a more favourable time and brought financial relief to many livestock producers.”
The most expensive bull at an Agra auction was sold for N$210 000 last year, compared with 2016 when the most expensive bull sold for N$100 000.
The bull that fetched the highest price in 2017 came from Hartebeestloop Bonsmaras. A Brahman bull sold by breeders Günther Hellinghausen and Ryno van der Merwe fetched a price of N$190 000 at Agra's national auction last year.
Agra offered a total of 20 stud auctions and sold 191 more bulls than in 2016. These were the most bulls sold annually since 2015.
Agra Brahman breeders sold the most bulls (270) in 2017, followed by Bonsmara Breeders (112), Simmentaler Breeders (82), Simbra Breeders (46), Boran Breeders (18) and Braunvieh Breeders (10).
The 10 Braunvieh bulls sold last year achieved the highest average price of N$54 000. In contrast, during the previous year, 10 Braunvieh bulls were sold for an average price of N$27 500.
A total of 112 Bonsmara bulls were sold at an average price of N$48 464 in 2017 and the previous year 99 bulls were sold at an average price of N$35 171. Also, one Braford was sold for N$48 000 and in 2016 one bull was sold for N$24 000, while two Sussex bulls was sold for an average of N$44 000 and in 2016 four Sussex bulls were sold for an average price of N$20 750.
According to Agra, 18 Boran bulls were sold for an average price of N$43 888 last year, while five bulls were sold at an average price of N$25 700 the previous year.
A total of 82 Simmentaler bulls were sold for an average price of N$40 378 last year, while in 2016, 48 Simmentaler bulls were sold for an average price of N$25 083.
A total of nine Santa Gertrudis bulls were also sold at an average price of N$40 000 in 2017, in comparison to the one bull that was sold for N$30 000 in 2016.
In 2017, a total of 270 Brahman bulls were sold for an average price of N$39 624, while the previous year 153 bulls sold - on average - for N$31 594.
Three Charolais bulls were sold in 2017 for an average price of N$36 666 and in 2016, three bulls were sold at an average price of N$26 000.
Lastly, 46 Simbra bulls were sold for an average of price of N$35 5100 last year and the previous year 39 bulls sold for an average price of N$33 333.
ELLANIE SMIT
The average bull price jumped to N$41 473 last year, making it the second highest average price paid since 1998. Only in 2012 a higher average price of N$42 488 was achieved.
In contrast the average price for bulls in 2016 were N$31 786.
According to Agra, buyers were prepared to pay a premium price for good quality bulls last year.
The company explained the significantly higher prices paid for weaners contributed to the fact that buyers were willing to pay more for breeding and herd bulls.
“This increase in the cycle for cattle prices could not have come at a more favourable time and brought financial relief to many livestock producers.”
The most expensive bull at an Agra auction was sold for N$210 000 last year, compared with 2016 when the most expensive bull sold for N$100 000.
The bull that fetched the highest price in 2017 came from Hartebeestloop Bonsmaras. A Brahman bull sold by breeders Günther Hellinghausen and Ryno van der Merwe fetched a price of N$190 000 at Agra's national auction last year.
Agra offered a total of 20 stud auctions and sold 191 more bulls than in 2016. These were the most bulls sold annually since 2015.
Agra Brahman breeders sold the most bulls (270) in 2017, followed by Bonsmara Breeders (112), Simmentaler Breeders (82), Simbra Breeders (46), Boran Breeders (18) and Braunvieh Breeders (10).
The 10 Braunvieh bulls sold last year achieved the highest average price of N$54 000. In contrast, during the previous year, 10 Braunvieh bulls were sold for an average price of N$27 500.
A total of 112 Bonsmara bulls were sold at an average price of N$48 464 in 2017 and the previous year 99 bulls were sold at an average price of N$35 171. Also, one Braford was sold for N$48 000 and in 2016 one bull was sold for N$24 000, while two Sussex bulls was sold for an average of N$44 000 and in 2016 four Sussex bulls were sold for an average price of N$20 750.
According to Agra, 18 Boran bulls were sold for an average price of N$43 888 last year, while five bulls were sold at an average price of N$25 700 the previous year.
A total of 82 Simmentaler bulls were sold for an average price of N$40 378 last year, while in 2016, 48 Simmentaler bulls were sold for an average price of N$25 083.
A total of nine Santa Gertrudis bulls were also sold at an average price of N$40 000 in 2017, in comparison to the one bull that was sold for N$30 000 in 2016.
In 2017, a total of 270 Brahman bulls were sold for an average price of N$39 624, while the previous year 153 bulls sold - on average - for N$31 594.
Three Charolais bulls were sold in 2017 for an average price of N$36 666 and in 2016, three bulls were sold at an average price of N$26 000.
Lastly, 46 Simbra bulls were sold for an average of price of N$35 5100 last year and the previous year 39 bulls sold for an average price of N$33 333.
ELLANIE SMIT
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