South Australian Angus Bull Sets State Record at $235K

0:00From Sydney, this is your March 2nd update. A South Australian Angus Bull from Granite Ridge Angus Stud near Kingston has smashed the state record, selling an auction for $2.35, $1,000. Named Velocity V4-2, the four-year-old animal drew fierce bidding from interstate buyers, looking for top genetics to boost their herds. The winning bid came from Herb Dutty of Sarah Park Angus in New South Wales, who had scoured Victoria and South Australia for the right fit. He called it a complete package, with excellent confirmation, strong bone structure, calm temperament, and solid performance data, making it a smart, long-term investment despite the steep price. Mr. Dutty noted good bulls like this are rare, and while he spent big before, up to $140,000 last year, this topped him. All. He couldn't fully insure it either, as policies capped at $150,000, adding a bit of risk to the deal. Three experts like auctioneer Larry Goggle praised the bulls stand out qualities, saying

1:02it handled attention well during beef week previews. The sale beat the previous South Australia record from 2017 by a wide margin, spotlighting local breeders. Owners at Granite Ridge are thrilled, using the bull's genetics in their own herd before the sale, and the strong price signals returning confidence, amid tough years for cattle producers down south. The Daily News Now is powered by our sponsor. Think in the description, do not just listen to podcasts, get lost in them comfortably, and so L-I-SOLY-PILLOW.com.