Namibia Genetics Auction

Riaan van Rooyen, Head Corporate Communication and Stakeholder Investment at Bank Windhoek (right) congratulating Gielie Vermeulen, convener of the Namibia Genetics Auction on the outcome of the auction.

Amidst very difficult conditions farmers around the country are experiencing, farmers participating in the annual Namibia Genetics Auction held on 19 August, 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 being 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; N$32875 for a Brahman, N$39500 for a Braunvieh, N$30000 for a Charolais, N$15000 for a Dexter, N$27000 for a Limousin, N$25000 for a Santa Gertrudis, N$29500 for a Simbra, N$24600 for a Simmentaler and N$22000 for a Sussex.