2018 Elite Wagyu Sale

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Elite Wagyu Sale sees some big wins and bids

The 2018 Elite Wagyu Sale was held at the closure of the annual Australian Wagyu Association’s annual conference, WagyuEdge in Mackay, Queensland.

Held as an online and live auction in the auditorium of the Mackay Entertainment and Convention Centre and conducted by AuctionsPlus and RuralCo/GDL, the auction attracted vigorous bidding from inhouse attendees and Australian and international bidders via the online facility.

The Elite Wagyu Sale is the fifth annual sale and invites the top 10% of the Wagyu breed to showcase their genetics. On offer are the top sires, dams, semen and embryos in a record number of lots.

Elite Wagyu Sale 2018_aThe highlight of the Elite Wagyu Sale was Lot 53 attracting a remarkable winning bid of $185,000. A Poll Wagyu bull, Lot 53 was sired by famed Mayura Itoshigenami Jnr that carries a polled gene M0775 (Midnight) as a two-year-old genetically polled heterozygous bull, that is qualified for export. His sire is averaging a BMS 9 at Mayura Station and in the top 1pc for EMA. A remarkable pedigree from two exceptional Australian wagyu breeders at Mayura and Robbins Island.

 

Sold to an international bidder from South Africa, this bull will stay in Australia and semen will be collected for export to South Africa for the development of his breeding herd says Mayura Managing Director, Scott de Bruin.

More high values were reached when Lot 72, comprising 10 semen straws hit the stratosphere with an $8,000 per straw sale price. Sourced from a Macquarie Wagyu bull, one of the industry’s top Sires and is ranked third of all bulls in Australia. He has produced 15 carcases to date that show exceptional marble scores and carcase weight. This sale continues to reflect the high standard achieved with genetics in the top 10% of the Australian herds.

To round out an impressive sale, the top female price was $80,000 for a PTIC heifer, the top embryo package was $26,000 for 8 embryos provided by Hamblin Pty Ltd of Strathdale Wagyu and Robbins Island Wagyu.  The total auction takings more than doubled the 2017 results at more than $1.16 million and a clearance rate of 80pc.

“The Elite Wagyu Sale represents the highest level of breeding and raising of wagyu cattle of the Australian industry,” says Peter Gilmour, President Australian Wagyu Association. “By investing in such high-quality sires and dams, the industry can continue to have the strongest genetic strains anywhere in the world outside of Japan.

“It has been a fantastic result for all concerned and we are delighted that the auction could be televised on screen at the WagyuEdge conference with live and online bids. It made for a hugely dynamic and exciting auction.”

MISSED THE SALE - WATCH THE SALE HERE

AGENTS REPORT

Harvey Weyman-JonesWe thank all vendors, buyers and bidders for their support at this year’s Elite Sale. The sale was generally regarded as most successful and was a reflection of the optimism within the Wagyu breed.

Since the sale, we have sold another $100,000 of embryos and bulls to bring the gross sale to $1,261,600; selling 61 out of 74 lots for an 82% clearance. See sale results below.

Cattle and genetics with a TCI and marble score in the top 1% of the breed were mostly achieving the higher prices. However, the highest of the sale was the $185,000 sale price for Poll Wagyu Midnight M0775 who was a heterozygous son of the high-performance Mayura Itoshigenami Jnr. There were still three bidders competing at around the $150,000 mark. Midnight was sold to South African buyer Johan Strydom, who was in London at the time of the sale and was bidding on Auctions Plus. The two other underbidders were Australian breeders. Midnight was the first polled bull offered for sale that had strong performance data, being in the top 5% for marble score (+1.4) and TCI (+348).

The homozygous Poll Bull had the best poll genes but not the better data and sold for $48,000. This bull was by the USA poll bull BarR 52y. He was purchased by Richard & Dyan Hughes, Wentworth Cattle Company, Clermont, Queensland. Underbidders were also Queensland breeders.

It seems that Wagyu breeders are interested in acquiring poll genetics but performance is more important than homozygous genes.

Other notable prices were achieved throughout the sale and in all divisions. Top 1% TCI females sold to $80,000 for a Heifer Mayura L0028, by Itoshigenami Jnr and PTIC to Mayura D0482 a high strong carcase bull. The buyers were Ian & Cameron Hewitt, Taroom Queensland; who purchased the top price Mayura bull last year at $105,000. Another top 1% heifer, 7 months old from Arubial and out of a Macquarie Y408 cow sold to $55,000 to buyers Carolyn Innis and Rob Lowe, Dorrigo, New South Wales. These buyers bought well last year.

Top 1% TCI Embryos sold from $2,200 to $3000 per embryo. The top price embryos of $3250 were achieved for a top 15% TCI mating of Moyhu FD0507 the number one carcase bull in Australia and an Island cow by Kanadagene 100 ex Michifuku x Suzutani.

Three other horned bulls sold from$70,000 to $100,000; namely two Door Key full brothers by Macquarie Wagyu Y408 and a Macquarie bull M0549 by Michifuku. The highest performance bull in the sale, Door Key M209 had a marble score of 2.0 and a TCI +$437 was sold for $100,000 to Stone Axe Pastoral Company, Ebor, New South Wales. His full brother M260 with a marble score of 1.7 and a TCI +$378 was sold for $70,000 to Steven Keating of Chinchilla, Queensland. The Macquarie bull sold for $80,000 to Ian & Cameron Hewitt who also brought the top price female for the same money.

The semen lots achieved a total clearance on the day. Top price was a breed record of $8000 per straw and $6000 for the second lot of the same. The semen, owned by Macquarie was from Coates Itoshigenami G113, ranked number three living bull in Australia. The first lot of 10 straws sold to Arubial Wagyu for $8000 and the second lot of 10 straws sold for $6000 to Hamilton Park Wagyu. Both buyers from central southern Queensland.

Other semen lots with TCI in top 1% sold from $750 to $1500 per straw. Red Wagyu semen sold from $40 to $80.

International interest came from South Africa, USA and UK. The top price bull was sold to South Africa. A young PTIC cow Westholme K5236 and owned by breeders in Wales, UK was sold for $20,000 to Loren Ruth, Spring City, Pennsylvania, USA.

The moral of the story from this year is that “the best sells well”. So, if you would like to enter lots next year, be prepared for the bar to raise on quality and in particular marble score and TCI.

We have three Premium Wagyu Sales booked for the remainder of 2018 in July, September and November. Please contact Harvey Weyman-Jones for more information.

DOWNLOAD LOT SUMMARY REPORT (PDF - 2mb)

MORE INFORMATION CONTACT SELLING AGENTS

Ruralco-LogoRuralco/GDL Stud Stock

Harvey Weyman-Jones
Stud Stock Manager
Grant Daniel & Long Pty Ltd

Email: hweyamnjones@gdlrural.com.au   |   Phone: 0414 941 788

SALE REGULATIONS

The sale will be conducted under the usual ‘Conditions of Sale’ as applied by Ruralco and AuctionsPlus and these are available on their websites.

Special conditions have been applied by the Australian Wagyu Association (AWA) to generate a high level of quality assurance. The AWA is facilitating the 5th ELITE WAGYU SALE to make available high performing Wagyu genetics to the Australian and international beef cattle industries. Click here to view the sale regulations

SALE ENTRY CONDITIONS

Vendors have agreed to offer lots under the sale entry conditions as applied by the AWA. Click here to view