The Namibia Genetics Stud Livestock Auction, recently held in Windhoek, delivered an 84% clearance rate, with 58 of 69 lots sold at an overall average of N$53,655.
This is according to an update by Bank Windhoek, which is one of the main sponsors of the auction.
The update revealed that during the auction, bulls reached a top price of N$105,000 and averaged N$60,690 (42 of 50 sold), while heifers-in-calf achieved a 100% clearance, averaging N$35,188 (16 of 16 sold).
Breed results underscored demand for proven, production-ready genetics.
The Santa Gertrudis bulls led, achieving an average of N$80,250 (high N$105,000), followed by Simbra bulls at N$64,111 and Angus bulls at N$62,333.
The Brahman bulls, one of the largest offerings, averaged N$55,882, with a top of N$90,000.
In the female segment, Brahman heifers-in-calf averaged N$30,818 and Simbra heifers-in-calf averaged N$44,800.
Established in 2011, Namibia Genetics brings together leading breeders focused on improving herd productivity through proven genetics and performance.
The group aims to supply superior genetic material to Namibia’s commercial beef industry by participating in performance-testing programmes and offering a wide variety of breeds at its auctions, positioning the sale as a “one-stop shop” for genetic needs.
