Dairy Beef Alliance is encouraging farmers to explore adding Wagyu to their Holstein herds to further grow the value of their herd.
General manager Peter Wilkinson said the market for Wagyu beef was growing rapidly and dairy farmers were playing a major role in supplying F1 calves to the beef industry.
The company introduced a $50 dairy support bonus to help farmers who supply them with Wagyu calves.
‘‘We supply the semen at $5.50 a straw and contract to buy the calf back at seven days,’’ Mr Wilkinson said.
‘‘We are offering a guaranteed price of $325 for a seven-day-old F1 calf, which includes the dairy support bonus. This price is locked in so it can help with farm budgeting too.
‘‘We have a number of other value-adding options, including growing out Wagyu cross calves to 12 weeks or nine to 10 months of age.
‘‘Also we are buying Friesian bull calves, that in the past have been a by-product of the dairy industry, but are now proving a valuable source of secondary income for dairy farmers.’’
Mr Wilkinson said the company was looking for more farmers who were willing to participate in any step of the process.
He said demand far outweighed supply and there was no sign of the market slowing, with 95 per cent of the company’s product sold internationally and exported to more than 17 countries.
Dairy Beef Alliance is running a seminar on the topic on Thursday, January 25 from 10.45am at the Tatura Tennis Club rooms.