A question was posed at last Friday’s RNA Paddock to Palate competition awards breakfast: Should Wagyu cattle be shown in the main ring alongside all the other breeds?
THE first homozygous Poll Wagyu calf ever offered by auction in Australia sold for $65,000 during a special Wagyu Seedstock sale on AuctionsPlus on Friday.
A US-based crowd-funder which has established a niche selling domestic grassfed beef direct to US consumers has expanded its operations to include Japanese Wagyu beef, sourced direct from Japan.
A softening in feeder cattle prices is also being reflected in the market for Wagyu infused cattle. Not long ago any feeder or backgrounder cattle with Wagyu content were attracting buyer competition, but with those premium prices has come a significant increase in Wagyu calf production, meaning buyers are now becoming more selective.
One of Tasmania’s best known cattle enterprises is to be the home for one of the largest renewable energy projects in the southern hemisphere, generating up to 1000MW of power from wind energy at an installation cost of up to $1.6 billion.
Wagyu cattle are traditionally horned but a unique breeding partnership between three prominent commercial Wagyu breeders is set to give producers greater access to Polled Wagyu bulls later this year.
The rapid expansion of Wagyu/Angus first cross (F1) cattle herds in Australia is creating opportunities for producers to adapt the flying herd concept from the dairy industry and for breeders to become specialist suppliers of Angus replacement females.
There was no mistaking the “buzz” surrounding the Australian Wagyu industry at its conference at Albury over the last two days.
Semen sold for $28,000 a straw, bulls to $105,000 and a heifer in utero made $95,000 at the Elite Wagyu sale at the Wagyu Expansion Conference in Albury MSW on Wednesday. All three are Australian record prices for the breed and stunned the 400 delegates in attendance.
21 premium Wagyu entries in four classes were assessed by a panel of 16 judges in mid-March, with the winners announced at a gala dinner during the Australian Wagyu Association’s annual conference in Albury on Tuesday night.