WAGYU STEERS MAKE 620c/kg LIVE ON AUCTIONSPLUS

Wagyu feeder steers from Emerald, Qld, made 620 cents/kg live at the first ‘Want Wagyu?’ special breed sale on AuctionsPlus on December 16.

The 163 steers in two lines averaged close to 390 kgs and returned $2412/head.

The 600c mark was also reached for Wagyu feeder steers from Dorrigo, NSW, that weighed 305 to 308 kgs and made 589 to 617c/kg live or $1800 to $1900/head. The 42 feeder heifers from the same drop weighed 284 kgs and made 560c/kg or $1590/head.

Demand from producers building Wagyu herds resulted in a line of 15 to 17 months old Wagyu heifers from Barraba, NSW, described as ‘not seen mated future breeders‘ selling for $3610/head.

Wagyu X Angus sold to strong demand topped with lots from Texas, Qld. The 37 feeder steers 12-14 mths weighing 375.6 kgs made 557c/kg live or $2090/head while the 39 same drop heifers made almost as much, 531c or $1895/head.

Australian Wagyu Association’s CEO Graham Truscott said that while the sale was a great success, the association was working towards more comprehensive descriptors of the genetic make-up of the cattle for sale to enhance the physical assessments which support the integrity of the AuctionsPlus system.

“We are working towards a DNA test which accurately describes the Wagyu content of cattle and this will be a great guide to buyers who want to be assured that what they are buying has been correctly described and will produce premium Wagyu carcases,” he said.

More information from Graham Truscott CEO Australian Wagyu Association 0458 733 711.