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Powerful average for Te Mania

The take-home message from last week’s annual bull sale at Te Mania Angus in North Canterbury was its solid average.

Te Mania, owned by the Wilding family, is one of the jewels in North Canterbury’s crown – a 1300-hectare slice of paradise which lies about 32km south of the Kaikoura Peninsula on the Conway Flat. It is also – importantly – the industry price barometer within an ongoing calendar of almost 80 bull sales which are currently underway throughout the country.

Last year, Te Mania was the South Island’s top grossing bull sale, tabling more than $1.4million at the fall of the final hammer.  

This year’s challenges included New Zealand being fresh out of the gates after moving to alert Level 1, the severe drought conditions in the North Island, and the reality that Te Mania was offering 10 more bulls.

Braced for 10-20% drop

The family had braced for the June 17 sale prices to be 10-20% softer.

And, while the top price was down $9000 to $47,000 (from last year’s high of $56,000), the sale average was tellingly only $904 shy of 2019. The sale averaged $10,056 for a gross of over $1.3million in front of a typically big crowd of beef producers from throughout the country. In all, 132 of the 142-head offered  sold (with an additional four bulls sold privately in the paddock afterwards).

The top price of $47,000 was paid by Tangihau Angus (Gisborne) for Lot 40, Te Mania 18450. The second-top price of $40,000 was paid for lot 101, Te Mania 18449, by Umbrella Range Angus, from Southland’s Waikaia.

Buyers happy

Jeremy Gunton, of Umbrella Range, said they loved their bull’s performance figures, pedigree and muscling definition. They farm 1200 cows on 16,000-hectares.

“He was the bull we came for,” Jeremy said. “He ticked the boxes, and we’re pleased to have got the job done.”

Umbrella Range were fresh off their own annual sale on May 25, which averaged $10,186 for 24 bulls – including two which had carried Te Mania’s bloodlines.

One of the volume buyers, Ian Russell, from Northland, bought three head for an average of $5600. He was moving through the country in search of 20 bulls. He said the drawcard for Te Mania was that the bulls were commercially farmed, they knew how to work, and “they weren’t too soft.”

Te Mania grateful

Te Mania’s Stud Master Will Wilding said, given the season, they were extremely happy with the result.

As always, Te Mania’s sale was transformed into an event, everyone was excited to exit lockdown, and they came ready to mingle.

“We just really thank everyone for coming, and especially our buyers,”
 Will said. “We had eight stud transfers, so we were really happy with that.”

Personal picks

Will said the family’s pre-sale pick for the sale-topper swung between the two top-priced bulls.

“The data on Lot 40 [top price] showed that he was perfectly balanced and very hard to fault phenotypically,” Will said. “He is just a really easy-doing, and well put- together bull.”

Will said he was also pleased to note that buyers appeared to be taking into account the data.

“It was really interesting for me to be in the sale arena to look up at the screen when there was a sticky bull,” he said. “And, when I saw their data, it was really clear to me that guys were buying off that data.

“We’ve always believed in it, but it’s great that our clients are also putting their buying faith in it.”

One of the high points for sale goers, was the arrival of Christchurch Helicopters, complete with former All Black Captain, Richie McCaw, at the helm.

Te Mania Angus Bull Sale
Sold 132 from 142 – averaged $10,056
Lot 40 – $47,000 to Tangihau Angus
Lot 101 –  $40,000 to Umbrella Range
Lot 41 –  $26,000 to Cleardale

Lot 22 – $26,000 to Tawa Hills
Lot 39 –  $19,000 to Ranui Angus/Ridgewood Farms
Lot 37 –  $16,500 to Penvose Angus
Lot 35 –  $16,000 to Fossil Creek Angus
Lot 25 –  $15,000 to Stokman Angus 

 


Lot 31 –  $13,000 to Haldon Station
Results supplied by PGG Wrightson Genetics

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