Buyers from across Australia convened in Katherine on Friday morning for the 20th annual Ponderosa Brahman bull sale.
Despite the cold dry season weather and the tough market, the quality selection of bulls have begun to be auctioned off at quick succession.
Bred by well-known NT families, the bulls are on average sold for $3800.
Last year, the top priced bull was sold for $8000.
Fast talking stud stock specialist and auctioneer, Peter Brazier, was once again leading the sales.
An auctioneer for more than 30 years, he said he was proud to have been a part of the well-known Katherine sale since its inception 20 years ago.