Bank Windhoek supports Namibia Genetics Auction

August 24, 2015, 11:28am

Bank Windhoek supports Namibia Genetics Auction

 

Amidst very difficult conditions farmers around the country are experiencing, farmers participating in the annual Namibia Genetics Auction held on 19 August 2015, achieved an average price of N$29 225 for bulls sold at the auction.

 

A total of 56 bulls were put up for auction of which 44 were sold. The four Dexter cows on auction were sold for an average of N$6 688 with the highest price paid N$7 750.

 

In total 16 Brahman bulls, one Brangus, two Braunvieh, one Charolais, one Dexter, two Limousins, two Santa Gertrudis, four Simbra, 10 Simmentaler and one Sussex bull were sold.

 

The average prices obtained at auction were:

• Brahman - N$32 875

• Brangus - N$29 000

• Braunvieh - N$39 500

• Charolais - N$30 000

• Dexter - N$15 000

• Limousin - N$27 000

• Santa Gertrudis - N$25 000

• Simbra - N$29 500

• Simmentaler - N$24 600

• Sussex - N$22 000

 

The highest price paid for a bull at auction was N$50 000 paid for a Brahman and a Braunvieh bull respectively.