2017 Elite Wagyu Sale

Wagyu bulls to $105,000

Wagyu bulls sold to $105,000 and a heifer in utero made $95,000 at the Elite Wagyu sale at the Wagyu Expansion Conference in Albury NSW on May 3. Both set Australian record prices for the breed and stunned the 400 delegates in attendance.

Both lots sit in the top one per cent of the breed’s Fullblood Terminal index (FTI) indicating the growing acceptance of Wagyu Breedplan figures generated by the rapidly expanding Wagyu database of growth, fertility and carcase information.

Fourth generation Queensland cattle producer Ian Hewitt and his son Cameron went to $105,000 to obtain the two year old sire Mayura L0010 for their new Wagyu enterprise based at Hanging Rock Station, Charters Towers, Qld. Offered by the de Bruin family’s Mayura stud at Millicent SA, this sire is in the top one per cent of the breed for FTI and marbling.

2017elitewagyusale

The bull will go to a semen collection center near Rockhampton before heading to his new home where a couple of thousand Shorthorn X Brahman cows will be joined to Wagyu each year with the F1 females retained to increase the Wagyu content in the herd.

Ian Hewitt said they intended to become heavily involved in the Wagyu industry to elevate marbling levels and generate feedlotter interest in their cattle.

Hendrick Markram’s South African based Miku Wagyu, a relative newcomer to the Wagyu breed, paid $95,000 for a heifer in utero offered by Laird and Sonia Morgan, Arubial Pty Ltd, Condamine Qld.

The buyer was on the telephone from South Africa giving bidding instructions to Jeremy Cooper of Wag-You dot com who said the heifer would remain in Australia to breed cattle that may be exported at some point in the future.

Roger Hocking’s Summitt Agricutural, Albury, NSW, headed the volume buyers outlaying $86,200 for live cattle and genetic lots.

The previously announced sale of semen from lot 32 for $28,000 per straw has been declared null and void by the relevant parties.

Sale results

The sale averages were:

  • 7 females average $25,570
  • 28 embryos averaged $2600/embryo
  • 10 bulls averaged $20,799
  • 160 semen straws averaged $334/straw
  • sale gross $512,300 with a 92% clearance

Agents were GDL Ruralco with Harvey Weyman-Jones and Peter Brazier taking the bids.

 

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