Some of the 650 delegates gathered in Cairns this afternoon for the 2024 Wagyu Conference
WHILE international markets for high quality marbled beef remain flat, F1 Wagyu cattle heading to slaughter this week after completing a typical 380-day feedlot program still bear the shadow of feeder steer purchases made back in early 2023 of at least 800c/kg, liveweight.
It’s a graphic example of the considerable challenges faced by the Wagyu industry, where extremely long production cycles represent substantial financial risk and uncertainty.
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