Australia’s largest cattle producer AAco has increased its Wagyu full blood and purebred production capacity by 50% with the purchase of the 850 head 4JS herd.
The herd is a mix of pureblood and full blood Wagyu cows and calves, replacement heifers, steers and full blood bulls and will be re-located to AAco’s Surat property, Wylarah, where the primary focus is Wagyu.
The 4JS genetics will add to AAco Wagyu genetic pool at Wylarah which was bolster with the purchase of the well known genetics of the Westholme herd in 2006.
In a company announcement yesterday AAco CEO Stephen Toms [pictured] said:
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“AAco has a 30% market share of Australian Wagyu sold. AAco’s major Wagyu brands of Master Kobe, Kobe Cuisine, Darling Downs Wagyu and the joint marketing programme in the USA under the Greg Norman Signature Wagyu label will benefit from this initiative.
The majority of Wagyu produced in Australia is for export and this acquisition will further strengthen AAco’s presence in the lucrative higher quality markets of Hong Kong, Korea, Indonesia, USA, the Middle East and evolving opportunities in Europe.”
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AAco is very upbeat about the increase in cattle & beef prices due to the fall in the Australian dollar and early rainfall and good seasonal outlook for its Queensland properties. Even its drought stricken Northern Territory Barckly tableland properties have had some promising early showers.
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