An Australian auction record has been set for the Santa Gertrudis breed with $110,000 paid for a bull at the Yarrawonga Waco Annual Bull Sale at Wallumbilla in south-west Queensland.

Key points:

  • A new Australian auction record set for Santa Gertrudis breed
  • Yulgilbar Pastoral Company bid $110,000 for the Waco bull in Queensland
  • Bull sold for more than double the top price at 2019 Yarrawonga Waco sale

Yulgilbar Pastoral Company at Baryulgil in northern New South Wales paid the top price for Waco Q384 or “Queenslander”, as the bull is now known by its owners.

The purchase followed Yulgilbar’s own record sale last week, which grossed $919,500 with a total clearance of bulls and females.

Even with that success last week, Yugilbar’s general manager Rob Sinnamon said he still “smashed” his budget with this record buy.

“He was a total outcross to Yulgilbar genetics and I think the combination of his pure balance, and his growth and his carcass traits that really attracted us to the bull.

“A great breed character, the skin top we like, and he gives us new genetics that we constantly look for us a seed stock breeder.”

While the purchase was the highest price at auction in Australia for the breed, Mr Sinnamon said a semen sale 35 years ago fetched more.

“That was a private sale but that’s the highest money that I know of for Santa Gertrudis bull in Australia.”

In 2019 Yulgilbar bought the Australian semen rights to the world record bull Red Doc Never Better which sold at auction in New Mexico for $130,000 USD (then an estimated $197,000 AUD).

Semen will be collected from Queenslander for Yulgilbar’s artificial insemination program before he is put to pasture with a good herd of breeding cows.

Waco beat its own record shared with Yarrawonga

Waco Santa Gertrudis stud principals David and Suzanne Bassingthwaighte said they beat their own record set in 2017 by $20,000.

“Waco Floyd sold a few years ago for $90,000 and that equalled the then record with another bull Yarrawonga El Salvador,” he said.

Mr Bassingthwaighte described the bull as a modern day Santa Gertrudis: “There’s a lot of weight for age, and a really structurally correct bull, so he’s the complete package.”

The Mungallala stud breeder said the average price paid for his bulls was well above last year’s figures and that in itself was a good indicator of confidence in the beef industry.

It was the 61st time the Yarrawonga Waco annual sale has been held with David’s brother Andrew Bassingthwaite and his wife Fiona the principals for the Yarrawonga Santa Gertrudis stud.

To top off their record-breaking day there was some rain in the district.

David Bassingthwaighte said rain was an added bonus — despite not being able to truck a portion of his bulls because of the wet roads.

“Rain on the roof there, just on dark last night at Yarrawonga, so it was 20 millimetres around there … hopefully it’s just the start of things to come and it was a pretty good day out.”

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