Categories: South Africa

Sernick Bonsmara cattle auction fetches R15 million

The 39th annual Sernick Bonsmara Production auction in the Free State achieved a total turnover of R15,2 million.

The highest-priced bull of the 42 bulls on offer was sold for R340 000.

The average price for bulls this year was R93 000, compared with the average price of R66 800 achieved in 2016, R42 000 achieved in 2015 and R38 000 achieved in 2014.

Sernick Bonsmara is part of the Sernick Group. Chairperson, Nick Serfontein, said in a statement that the turnout this year had astonished him.

“The interest and buying at the auction confirms what I’ve been suspecting for the past year: the red meat industry in South Africa is on the verge of its best year yet,” he said.

READ How a business investment became a farming passion

In other results, three-in-one cows sold for an average of R24 833, with the highest-priced three-in-one cow achieving R26 500.

Cows with large calves sold at an average of R20 765, cows with small calves sold at an average of R19 158, pregnant heifers sold at an average of R16 019, and open heifers averaged R10 714.

According to the Sernick Group, there were 155 registered buyers from across the country and Namibia.

Recent Posts

Life sentences for Alexandria farmer murderers welcomed

Agri Eastern Cape has welcomed the heavy sentences handed down to two men found guilty of murdering Alexandria-based farmer Riaan…

2 hours ago

New vaccine for infectious bronchitis in poultry

A new vaccine is being tested by researchers at the University of Edinburgh and the Pirbright Institute in the UK…

5 hours ago

Cattle branding: how to get it right every time

If branding is carried out poorly, it can lead to infection, muscle damage, and brands that are difficult to read.…

1 day ago

Learning from Israel’s water woes

During a recent tour to farms and the AgriTech Israel exhibition in Israel, it was revealed that despite the large…

2 days ago

Using insects as animal feed

Animal feed produced from insects can deliver more tons per hectare than feed from traditional crops like soya, says an…

3 days ago

Farmers urged to participate in the Producer/Farmer Register

Minister of the Department of Agriculture, Forestry and Fisheries (DAFF), Senzeni Zokwana, recently announced the establishment of the Producer/Farmer Register…

5 days ago

This website uses cookies.