Thank you to everyone who supported this year’s Vastrap Auction. The current economic and social climate in South Africa is extremely challenging with Covid-19 having a devastating impact on many industries and livelihoods. Against this backdrop, we are extremely grateful that agriculture has been able to carry on largely as normal. Indeed, the current buoyant mood in the agricultural sector as a whole is quite surreal and something that we do not take for granted.
We are very blessed to be able to report on a hugely successful 2020 Vastrap Auction. Here is a summary of the results.
|Average price||Highest Price|
|Bulls||R 73 809||R 250 000|
|Cows||R 60 765||R 100 000|
|Cow with calf||R 168 750||R 500 000|
|Heifers||R 79 791||R 400 000|