MarketPulse

First of its kind… Capree Stud’s Innovative Auction Offering

Written by Michael McManus | Oct 12, 2021 6:11:33 AM

Interfaced ram sales have been a steady staple on AuctionsPlus for many years, whilst more recently interfaced working dog sales have experienced significant growth, all forms of auctions are now embracing online connectivity. A unique sale offering today has innovated the industry further, combining Poll Merino rams and working dogs in the same auction – believed to be the first of its kind on AuctionsPlus.

Chris Stapleton from Capree Stud has created a mixed commodity sale to capitalize on the strong demand for sheep and working dogs, allowing buyers the flexibility to purchase more of their livestock requirements from the one sale. The complimentary commodities auction offered 60 Poll Merino rams and 12 working dogs at their physical sale at Newbridge, NSW. The sale was settled through Jason Pearce from Elders Mudgee and interfaced alongside AuctionsPlus with audio livestreaming.

The working dogs had pre-sale bidding available through AuctionsPlus that ran for a week between the 5 - 12th of October. At the conclusion of the live auction, the Poll Merino rams averaged $2,115/head, and achieved a 65% clearance. Topping at $4,500/head, online buyers purchased 7 lots and placed a total of 151 bids.

The working dogs averaged $10,250, topping at $15,500 for lot 63 Capree Minnie. Online competition was strong for the dogs with bids being placed from Tasmania, South Australia, Queensland, Victoria, and New South Wales. The catalogue saw 10,346 views across the two auctions, highlighting the strong interest in the mixed commodity offering. Given the strong demand for both livestock and working dogs at present, could the combination of selling sheep and working dogs together become a regular sale type in the future?