Australia’s Wagyu industry is now facing pricing and sustainability challenges, following an incredible period of growth and surge in demand both domestically and internationally.
F1 Wagyu feeders reached record prices from $11 up to $13 a kilogram liveweight or more last year, but Australian Wagyu Association president Charlie Perry said prices dropped earlier this year.
“People are optimistic, but we have had a reset in expectations,” he told The Australian Ag podcast.
“The whole cattle industry last year was an absolute boom time and I think personally for the wagyu job it was at…