Average bull price nudges $5,000 at NT's biggest sale
The Northern Territory's largest bull sale in Katherine has achieved remarkable results, with an average price of nearly $5,000 per bull. This year's auction saw a 100 percent clearance rate, with 145 Brahman bulls sold, including significant purchases by an Indonesian importer. Despite challenges like high fuel prices and a late wet season, cattle producers are optimistic about the market's resilience.
- ▪The average price per bull at the sale reached $4,991.
- ▪A total of 145 Brahman bulls were sold, with a gross sale of $723,750.
- ▪An Indonesian buyer purchased 12 bulls to enhance his breeding herd.
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Bumper year at Northern Territory’s biggest bull sale delivers average price of nearly $5,000 a headJBy James EltonTopic:Livestock FarmingFri 29 May 2026 at 4:49pmFri 29 May 2026 at 4:49pmFri 29 May 2026 at 4:49pmThis year's bull sale at Katherine, in the Northern Territory, has seen one of its best results on record. (ABC News: James Elton)In short:Vendors at the Northern Territory's biggest bull sale, in Katherine, are celebrating one of their strongest years on record, with the average price per head reaching $4,991.A major Indonesian cattle importer got in on the action and will be shipping home 12 Brahman bulls.What's next? Cattle producers say the strong result shows the market remains buoyant despite high fuel prices and a big wet…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).