Hemingford Charolais Stud in Culverden, North Canterbury, has sold the highest-priced Charolais bull sold in New Zealand in 16 years.
Hemingford Maximus fetched $27,000 last week, the third highest price in the history of Charolais cattle in New Zealand. The figure was last topped in 2002, for Greenwood Park Rangi in the North Island.
Maximus was bought by John Henderson, of Auahi Charolais Stud in Otorohanga.
His combination of excellent structure, quiet temperament, strong breedplan figures, including marbling in the top 10 percent of the breed, made Maximus worthy of his high price.
Hemingford stud had strong demand for Charolais bulls, selling 36 at an average of $7470.
Sam and Viki Holland were happy with the sale result, saying there was confidence back in the sheep and beef industry.
“Farmers are prepared to invest in quality genetics to increase their profitability,” they say.