Tikana Wapiti Stud bull Larakin sold for the top price of $23,000 at an annual sale in Central Southland last week.
Tikana Wapiti Stud bull Larakin sold for the top price of $23,000 at an annual sale in Central Southland last week.
An increasing appetite for bigger cuts of venison in North America sparked record prices at elk and wapiti (a particular species of elk) sales in the South last week, vendors say.
Tikana Wapiti Stud co-owner Dave Lawrence offered 18 wapiti bulls at his annual on-farm sale in Browns.
The bulls on sale included one 2-year-old and one 4-year-old, while the rest were 3-year-olds.
Every bull except the 4-year-old sold.
The average sale price of $10,700 was the highest in the history of the sale.
As there was no game season in North America, meat companies were paying a premium for elk meat for six months or more to meet demand there.
The increased demand for elk meat in North America “was a little bit transformational” for the industry in New Zealand.
Clachanburn Elk owner John Falconer said there was a full clearance of the 63 terminal sire bulls on offer at his annual elk sale in Puketoi on the Maniototo last week.
“We had an amazing sale. It blew me away, I was so happy.”
Clachanburn Elk bull LB20510 fetched the top price of $9000 at the annual bull sale in Puketoi on the Maniototo last week.
The average price for the bulls, which were all 3-year-olds, was about $6200, around $2000 up on the average price at the sale last year.
John McGrath, of Iffley farm in North Canterbury, paid the top price of $9000 for bull LB20510.
The $9000 price tag set a record for the most paid for a bull in the history of the sale at Clachanburn.
Bull LB20510 won the elk supreme section of the 41st National Velvet and Trophy Antler Competition in Invercargill last month.
The bull was the first son of sire Tombstone to be offered for sale.
During the Covid pandemic, times had been tough for the industry, but it had bounced back as international diners returned to eating in restaurants.
A strong demand for elk venison and velvet was making a “dual-purpose animal” appealing to buyers.
“I’m bloody happy to have the deer industry back and positive and vibrant again.”
Littlebourne Farm owner Geoffrey Pullar said he had a full clearance of the 20 bulls on offer at his 35th annual on-farm wapiti sale in Winton last week.
The bulls were all 3-year-olds and fetched a top price of $6000, averaging “a tick over $4000″.
Strong demand for bigger cuts of venison in North America was increasing demand for elk and wapiti sires in New Zealand.