The 2021 Yulgilbar Sale recorded a record average of $10,078 to gross $954,971 and top at $40,000.
Whilst a record average price for the sale offering was recorded, COVID-19 lockdown restrictions prevented any Queensland buyers from attending physically. Typically, 75% of the annual offering is sold to Queensland and the Northern Territory, but this year saw a significant reduction with only 40% of the sale offering heading north of the border.
Outgoing Yulgilbar Pastoral Company General Manager, Rob Sinnamon, commented that the final sale averages were possibly negatively impacted by up to $5,000 average, given the current record prices for commercial cattle and the strength of sales in Queensland.
The physical crowd was limited to approximately 80 people, compared to historically large crowds of 400-600 people attending the sale in previous years.
94 of the 102 lots sold went to repeat buyers (92%), demonstrating the extraordinary support by Yulgilbar’s loyal clients. Buying support came from the Mid-North Coast of NSW, west to Bourke, and north to Clermont in Queensland.
A top price of $40,000 was paid by RL Pastoral Company, “Mayfield”, Kyogle for Lot 1 – Yulgilbar Queens Council Q100 (PP), a homozygous poll son of Moongana Karachi (P) (Reserve Champion bull Brisbane Royal 2017 and purchased by Yulgilbar for $42,000). Eleven Karachi sons sold for an impressive average of $15,000.
RL Pastoral Company also sold 18 bulls in the sale under the Riverina Santa Gertrudis Stud prefix, owned by the Sinnamon family. Their sale draft averaged $11,389.
The second top price of $28,000 was recorded for Lot 20 Riverina Quilpie (Q4) (PP), selling to long-time repeat buyer, Graham Curley from Bendigo Park at Cloncurry. The Curley family purchased 3 bulls for a $20,000 average.
Repeat buyer, Peter Hughes from Bourke, operated online to buy 8 bulls. He purchased 2 herd bulls in Lot 5 (sired by Dunlop Red Hawke (P)), and Lot 9 (sired by Cardona Patterson) for $21,000 and $22,000 respectively.
Valued Northern Clients again featured strongly, operating either online or on the phone.
Tim and Alison Kirkwood from “Disney” at Clermont purchased 7 bulls for a $14,142 average, paying up to $22,000 for Lot 18, sired by Moongana Karachi, and $21,000 for Lot 38 Riverina Quicksand Q24(P), a son of Yulgilbar Major General (whose sons averaged $15,000 in the sale).
A long-time supporter of Yulgilbar genetics, Craig Ross from Kemmis Creek at Nebo, returned to source new bloodlines and secured 3 Homozygous poll bulls for a $19,666 average, paying up to $21,000 for Lot 6, sired by Dunlop Red Hawke.
Buyers of last year’s top price bull and long-time supporters, Bill and Gretchen Speed from Brigadoon Cattle Company at Wandoan, returned online to pay the third top money of $23,000 for Lot 3 – Yulgilbar Quickdraw Q176(P), a son of Talgai Jango.
Peter Telford, representing Kidman and Co, also secured 5 sires for the Gina Rinehart-owned business.
The volume buyer was long-time supporter of Yulgilbar genetics, David Scarrobolliti from Kyogle district, Green Mountain Trading, who underpinned the clearance of the sale, securing 14 bulls.
The top 20 bulls of the sale averaged an impressive $19,750, while the top 50 bulls averaged $14,914.
Georgia Perkins from Corndale purchased the top price female at $9,000. The daughter of Dangarfield Valiant sold with a heifer calf at foot and a positive pregnancy test to Cardona Patterson. Nine stud females offered averaged $6,444.
The Sale was settled by George and Fuhrmann, while online platforms “Auctions Plus” sold 24 lots for $250,000, and Elite Livestock Auctions sold 15 lots for $160,500. A further 15% of the sales resulted from direct phone bidding to the sale agents during the sale.
Innes Fahey again sold the cattle as auctioneer, with large video screens erected in the sale ring playing videos of the bulls being sold, with the bulls penned adjacent for viewing.
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