A ‘PERFECT STORM’ involving both supply and demand factors has produced a dramatic collapse in Wagyu feeder cattle prices this year.
Wagyu F1 feeders out of good Angus dams that were capturing headlines a year ago trading at around 1000c/kg ($10) liveweight and more, are currently making anywhere from 380c to 400c/kg, Beef Central is told. Their F1 heifer sisters are making around 350c or less.
Lotfeeder demand, however – even at those prices – is described as ‘very flat,’ and limited to select ‘proven’ F1 suppliers with long-term relationships only.
Beef Central noted…
