The feedlot would increase Wagyu turn-off from Pardoo Station in WA's Pilbara region amid long-term confidence in the luxury beef market.The company behind the plan hopes an increase in production will allow it to become a major player in the global market for marbled beef.
In the years since the company has spent millions transforming Pardoo's marginal grazing country into irrigated grass and hay production for cattle."As a response to the cyclone, we constructed temporary cattle feed yards to facilitate to ensure the weaners on-site could continue to be fed with a high level of animal welfare standards during this transitional phase," he said.
These cattle will be sourced from three Kimberley stations controlled by Pardoo Wagyu — Mowanjum, Fairfield and Leopold Downs. "There are some very big players already in the Wagyu space, particularly in WA, and I think people with that business acumen investing in something like Wagyu gives the broader sector confidence as well," Mr Dalgleish said.But he said fears of a recession in the US – Australian Wagyu's main market – was a potential worry in the short-term.