Summit Krystal L35
Rain across the country has continued to lift confidence across the beef industry with strong prices and demand for Limousin genetics, setting a new record of $55,000 for a female.
Summit Livestock held it’s fourth Spring Selection Sale online via AuctionsPlus earlier this week offering 49 lots for a 94% clearance with lots selling to NSW, QLD, SA, WA & VIC.
In a unique new concept, Summit offered 5 of their top donors as “Flush or the Factory” options with the successful bidder able to take the flush, or five times their winning bid and take home the cow.
This option to multiple the winning bid to secure full ownership was taken up on Lot 3 – Summit Krystal L35, ultimately selling for $55,000 and setting a new record for an Australian Limousin female.
(The previous record was set in 1988 at $35,000 for Tanhill Grenadie, purchased by Billabong Limousin Stud, Wagga Wagga – source: The Land). Congratulations to the partnership of Brentvale Limousins, SA and Keajura Park Limousins, NSW on their record-breaking purchase of Summit Krystal L35.
The yearling heifers topped at $12,000 for Lot 6 – Summit Missive S90, one of the first Anchor B Gold Rush progeny to be sold in Australia, to QLD studs BJF Limousins, The Downfall Limousins & Storm King Limousins.
Proven herdsire Summit Revelation N100, who sired the Interbreed Champion of Champions winner at the Royal Canberra Show sold to $17,000 to Starrs Limousins, NSW.
Demand was also strong for the semen packages with SYES Easy Going 77E packages making up to $110/straw (for packages of 10). The first calves by SYES Easy Going have just hit the ground this spring and have created a lot of interest.
4/5 Flush or the Factory lots sold to a top of $55,000 to average $18,750.
9/9 heifers sold to a top of $12,000 to average $5,722.
7/9 mature cows sold to a top of $8,500 to average $6,214.
1/1 bull sold to $17,000.
25/25 semen packages sold to average $90/straw to top at $110/straw.