Prices skyrocketed at this year’s Rabobank National Merino ram sale at Dubbo, NSW, on Thursday. Ram prices hit a top of $20,000, in what was a dramatic show of increased interest in Merino sheep.
Strong stud interests from across Australia helped push the prices skywards.
But there was also solid commercial competition, which helped put a floor in the overall market.
Return and new buyers competed, as did some return and new buyers from South America and New Zealand.
The top-priced ram was offered by the Coddington family’s Roseville Park stud, Dubbo, and provided a jump up from last year’s $14,750 top price.
The Roseville Park draft opened the sale with an $18,000 ram.
It went on to clean up a large portion of the top selling lots, taking about one third of the sale’s gross.
The Roseville Park line-up of rams took about one-third of the sale’s gross.
Second top-priced ram from the Sims Uardry, Hay, NSW, March-shorn draft was just shy of Roseville Parks sale topper, at $19,500.
* Full report in next week’s The Land, NSW, September 4.