Limousin bull sells for record £126,000 at Carlisle market
A bull bred in Powys has sold at auction for a UK record £126,000.
The Limousin breed bred by Glyn Vaughan of Machynlleth was sold to Alan Jenkinson of Penrith at Carlisle market in Cumbria on Saturday.
Experts say although the price was high the new owner should be able to quickly recoup the money through breeding.
The previous record price paid for a bull in the UK was £105,000. The sale was also a new world record for the Limousin breed.
Pedigree livestock expert Jonathan Long of online livestock show and sales news service Farmingeye.com said the bull had been the pick of the entry at the sale.
"This may seem like a lot of money to pay for a bull, and it is," he added.
"But it must be remembered this is the very top echelon of the UK livestock breeding industry.
"Breeders attempting to secure new genetics are always willing to invest in stock they believe will improve their herds and leave them strong profits in future."