A record price has been set for an Angus bull in NSW, although still falling substantially short of the $91,000 paid for an Angus bull in Victoria 18 months ago.
Sold for $65,000, Frankel has set a new record for highest price paid for an Angus bull in NSW. | Photographer: (Booroomooka Angus. )
A syndicate of five Angus studs paid $65,000 for Lot 13 Frankel at the annual Booroomooka Angus bull sale at Bingara in the state's north west.
In total, the Booroomooka sale grossed more than $1.52 million for the Munro family, with the 210 bulls averaging just over $7,000.
James Laurie, from Knowla Angus at Gloucester, says one Angus stud has the walking rights to Frankel, while his and the remaining three studs will have semen shares.
"We thought he'd make a lot of money because there were a lot of stud breeders looking at him, that's why we formed a syndicate," Mr Laurie said.
"It's not very often that you get those unique individuals that come along that not only look great but are backed by a good pedigree and a good set of performance data."