Bull sperm sells for $ 67k at auction as a broken record for selling wagyu cattle

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Posted

11 May 2019 11:26:02

Bull sperm is not something that seems so desirable, but some people are willing to pay a lot for it – sometimes tens of thousands of dollars.

Key points:

  • The Elite Wagyu National Sale took place in Adelaide in 2019
  • A batch of bull semen sold for over $ 67,000
  • The record was also broken due to the more expensive sale of wagyu female livestock

It's all about the pin. The quality of the bull determines the final quality of the meat – in this case wagyu beef.

Wagyu meat is appreciated as a delicacy in some parts of the world, particularly in Japan, and the largest Australian wagyu cattle sale has just ended in Adelaide.

"Outside of Japan, Australia has the largest number of wagyu leaders in the world," said stock manager Harvey Weyman-Jones.

"Japan no longer sells wagyu cattle outside their own country, no one else in the world is fundamentally looking at our genetics and our livestock here and buying from Australia."

The Elite Wagyu National Sale sells some of the best cattle and genetic cattle of Australia.

On Friday, bidders at the Adelaide Convention Center competed with online ones for the best bulls and heifers.

"In recent years we have sold a lot to South African farmers, the United States and Great Britain," said Weyman-Jones.

"This is the best catalog we've had."

For sale, a batch of 10 bull sperm (stored in straws) sold for over $ 67,000.

Meanwhile, a record was sold for the most expensive sale of wagyu female cattle – raised in the main wagyu farm of South Australia in Millicent – with a gain of $ 280,000.

The total sales of the auction totaled $ 1.66 million.

Embryos and sperm sold by the straw

Among the categories of items for sale were the embryos and sperm, which are sold by the straw.

The straws are grouped in lots, which often attract a lot of money.

"Last year we broke the sperm record, last year's record was $ 8,000 a drop," Weyman-Jones said.

"Take 10 straws and $ 80,000 would be the cost for that buyer."

The wagyu cattle breed is known for its high content of marbled fats, but it is still a relatively rare breed in Australia.

"They are of high marble and the meat is appreciated and it is the taste that comes from the marbling: the high-end restaurants serve wagyu meat and pay a lot of money," said Mr. Weyman-Jones.

"When you get it on your plate, you could pay $ 150 or more for a steak."

In the best Australian restaurants, the cost of wagyu meat has been known to approach $ 400 for a 300-gram steak.

Much of the product is exported to overseas restaurants, but no cattle were present.

"All cattle and genetics are kept at home or stored in a sperm center or embryo transplant center," said Weyman-Jones.

Last year a wagyu bull earned $ 185,000.

Themes:

agriculture,

rural,

agricultural-prices,

agriculture-shows,

livestock,

beef cattle,

Food and beverages,

adelaide-5000,

know,

Australia,

Japan

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