Buyers continue to be very selective through the PTIC lines, with reports of buyers going the extra mile to confirm pedigree and quality.

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A combination of global and localised factors is creating a “very tight” global beef cattle market – with strong demand and record high prices in many regions throughout the world.

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The 2021 Australian Wagyu Association’s Elite Wagyu Sale held on April 28 continued to highlight the global strength of the Association’s Wagyu BREEDPLAN estimated breeding values (EBVs) and genomic analysis to an ever-increasing domestic and international Wagyu sector market.

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The Australian Wagyu Association 2021-2031 Progeny Test Program will join approximately 40 Fullblood Wagyu sires from across to the globe, to more than 2,000 Australian-based Wagyu females.

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Light weight 200-280kg steers averaged $10 higher last week, at $1,419/head, with a very competitive 80% clearance rate for the 2,164 head offered.

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‘The Angus Influence – Performance to Profit’ seminar featured as part of the Beef Australia 2021 program during May and showcased insights from a range of members of the beef industry, covering what makes businesses profitable and how producers have successfully utilised Angus genetics in their operations in northern and southern operations.

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Last week again saw 280-330kg steers in the largest supply, with a 74% clearance rate for the 2,283 head offered - as prices edged slightly lower, down $2, at $1,623/head.

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For the young steers, the largest category 280-330kg steers declined $22 on the previous week, averaging $1,625/head – with a 75% clearance rate on AuctionsPlus.

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The Australian Wagyu Association's new 10-year Progeny Test Program (AWA-PTP), will run from 2021 – 2031.

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Kylie Winnell has resigned as the General Manager of the Genetic Hub on April 30 to take up another position.

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The Angus judging at Beef Australia was an excellent occasion, with approximately 60 entries coming together with Judge Matt McCamley officiating around the ring.

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Micquella Grima has been announced as the winner of the prestigious 2020 Norman Lethbridge Award presented by the NSW Committee of Angus Australia.

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