Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Wagyu ramps up dairy options this spring

Wagyu ramps up dairy options this spring.


Strong global demand for premium Wagyu beef has created an opportunity for dairy farmers to share in the returns this spring.

Firstlight Wagyu managing director Gerard Hickey recently returned from visiting markets in United States and Europe, buoyed by the positive feedback and strong sales figures his company’s grass fed Wagyu is enjoying there.

In response to the positive market conditions, Firstlight Wagyu has ramped up its supply of bulls and semen for artificial breeding (AB) this spring.

The company has built a base of 70 beef farmers who grow and finish the cattle, renowned for their marbled beef and high quality eating experience.

“However every beef supply chain has to start with calves, and we want to get more calves on the ground next spring to meet this growth in the market. The dairy sector is an obvious and well suited means to achieve that relatively quickly,” Firstlight Wagyu supply chain manager Peter Keeling said.

Wagyu calves typically have a lighter birth weight and are easier calving than traditional beef breeds, bringing some welcome advantages for farmers seeking a low stress, non replacement breed to put over their cows or heifers.

Keeling said that appeal translated to the back pocket, given Firstlight Wagyu’s guaranteed premium and contract to purchase both Kiwi and Friesian -Wagyu cross calves at four days old.

Last year’s premium price averaged $100 a mixed sex calf from AB mating. Indications are this year will be similar.

The premium on the calves opened up options for farmers who may want to be selective about what cows they mate to dairy AB this spring.

“You get the chance to have your cake and eat it with the Wagyu calves, focussing on your dairy genetics, and still having a non-replacement calf that is of value for the cows you may not want replacements from.

This is something that a Kiwi cow dairy farmer may not have had available before.”

Synlait Farms has adopted the breed into its mating policy. This spring it has a herd of 800 lower milk producing cows combined into one herd mated to Firstlight Wagyu AB genetics.

Using Wagyu bulls or AB genetics over first mated heifers this spring was another option proving popular with farmers wanting an option to low value “bobbied” calves, and the easy calving attributes added to the bulls’ appeal.

“Our experience has shown dairy breeds including the Kiwi cow cross can produce high quality marbled beef, so mating them with Wagyu sires provides an excellent source of high-marbling beef.

“It also gives dairy farmers a unique opportunity to be part of the Wagyu supply chain, and address calf wastage in the sector.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Starts Talks On Tougher Rules For Property Speculators

The Reserve Bank of New Zealand is stepping up preparations to restrict lending to residential property investors as it watches house prices, particularly in Auckland, continue to rise strongly. More>>

ALSO:

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news