Cluden Newry's Uppercut U15 packs a punch at $275,000

Tasmanian based Angus stud, Cluden Newry has sparked new excitement with the opening lot during their Autumn bull sale, knocked down for $275,000.

The vendor, Jock Hughes runs the family from seedstock business at 'Jessiefield' in Tasmania's central north, about 25km south of Launceston.

Uppercut U15 was sired by Dunoon Recharge R102, and was born in July 2023. In its description, the top selling sire "has created quite a stir in the Australian angus community."

"U15 has been on the radar from a very young age, and when his genomic data came through, he possessed a near impeccable data set," according to the vendor. 

Purchased for $275,000 by stockfeed suppliers and animals nutrition experts McKenzie Ag, the sale was also tied to the opportunity to purchase a bull with an ongoing revenue stream already in place.

The winning bidders, Lachlan and Maryanne McKenzie, from McKenzie Ag Services, provide stockfeed solutions and customised grain mixes, a range of pellets, cereal grains, protein meals, legumes, hay (vetch, lucerne and cereal) and cereal straw, to livestock producers throughout Australia.

Uppercut U15 opened with a starting price of $6,000, with bid increments rising by $2,000 over four bids. However, the stakes grew higher once bids jumped from $14,000 held by an AuctionsPlus user, to $100,000 onsite. The total bidding time for the sale-topper ran for seven minutes before the bull was knocked down for $275,000. 

The underbidder for Uppercut U15 was active on AuctionsPlus before the hammer fell for the new Tasmanian record for the breed. The sale closed with an average price of $13,843 with 82% clearance at auction. 

Cluden Newry Uppercut U15 was sold with full possession and existing semen marketing contract with Agri-Gene.