A special Wagyu-only online AuctionsPlus bi-monthly sale run by the Australian Wagyu Association will focus on high quality identifiable commercial Wagyu cattle.
The next Premium Wagyu Sale will be on Wednesday 10 August at 1 pm with entries being accepted from all agents who agree to operate under the normal AuctionsPlus Conditions of Sale and the special Wagyu Conditions of Sale.
While the sale has a commercial focus with the majority of lots expected to be feeder steers and heifers, weaners and commercial breeding stock, it will also be open to registered seedstock bulls and females plus semen and embryos.
The move by Australian cattle producers into the Wagyu industry has generated widespread demand and AuctionsPlus has been identified as the ideal selling platform for Wagyu and Wagyu cross cattle according to AWA CEO Graham Truscott.
“The vendors and buyers of Wagyu and Wagyu cross cattle are investing strongly in the Wagyu breed which is generating premiums of up to 80% over traditional cattle so they deserve a Wagyu-only marketplace to transact business,” he said.
Initially vendors won’t need to be members of the AWA but all Wagyu content cattle must be by registered Wagyu sires with multiple sires accepted.
Breeding cattle (bulls and females) must be AWA registered. Initially, unregistered Wagyu crossbred breeding females will be accepted.
When the Wagyu Content Register becomes available in the near future, these breed types will need to be part of that register. All cattle offered need to carry the Wagyu Trade Descriptors
“The Premium Wagyu Sale will be strongly marketed through the AWA and AuctionPlus networks and in the rural media so vendors will gain stronger than usual exposure for their lots and subsequently increased demand.
“The sale is open to all agents and is predicted to become the premium market place for commercial Wagyu and Wagyu cross cattle. The sale at the annual Wagyu conference, where Wagyu semen sold at $3,050/straw, will remain the elite marketplace for registered Wagyu seedstock genetics,” said Mr Truscott.