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A RECORD BREAKING YEAR FOR LIMOUSIN CATTLE SALES
The 2022 Limousin Sale season finished off as being a record breaking year for the breed. There was exceptional demand for Limousin bulls across Australia, driven by the strong national beef and veal prices from continuing tight cattle supply numbers, as national herd numbers continue to rebuild The recent flooding events on the east coast did not appear to impact the demand for Limousin cattle. The clear advantages Limousin genetics provide in muscling, dressing percentage, feed efficiency, and growth, led to the breed being in high demand all year with bulls averaging $9,875 which was $1,186 or 14% higher than 2021. Queensland ($11,670) and New South Wales ($10,180) led the way on average bull sale prices.
The number of bulls sold was also higher at 396 head which was 32 higher than 2021, at a clearance rate of 87%. Gross sales totalled $3.91m with Queensland ($1.69m) and South Australia ($1.07m) being the two biggest states on gross sale numbers, closely followed by New South Wales ($865k).
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There was a new Australian Limousin top price bull record of $42,000 set at the Mandayen 2022 annual bull sale in South Australia. The 2022 Top Bull Sale average was $13,273 set at the inaugural Flemington on-property bull and female sale.
Demand for Limousin females was also strong in 2022 with 79% of those offered selling for an average of $6,990 A new Australian Limousin female record price of $55,000 was set at the recent 2022 Summit Livestock spring selection sale.
Overall, 2022 finished off with a bang and was yet another exceptionally strong year with consistent demand for Limousin genetics, both bulls and females, across Australia There were some favorable market trends towards black and polled cattle. Breeders that have been utilising measurement and genomics have been able to make increased genetic gain towards these trends and are reaping the rewards in the current market. With the increasing shift in market demand for high muscling, feed efficient, and high yielding cattle, the prospects for Limousin cattle in 2023 are also incredibly favourable
Georgia Pugh neXtgen Agri Breed Advancement Team
