This week, a new Wagyu supplier from China is poised to make a major difference to Australian farmers.
But it’s a huge leap forward for Australian farmers, who have long been plagued by low prices.
It’s an important story that’s important to Australians.
It may be about the price of beef, but it’s also about the cost of supply and the fact that the food we buy is going to cost more.
Wagyu cattle have a life span of six to eight years, which means that while they’re eating, they’re growing, they are eating and they’re getting fat.
Wang Yu from Henan Province in China was one of the first Wagyu producers to get approval to produce meat in the United States.
In 2014, Wang decided to go into the US to take advantage of the US beef industry’s boom in demand for beef.
“I think that the US was a great opportunity for us, and we saw that the industry was booming,” he said.
“We were able to sell our beef here in the US at a good price, and then we could start to export the beef to other countries.”
But for Australian cattle, there is still a lot of uncertainty about where Wagyu meat will come from.
For some, the supply of Wagyu in the U.S. is too small.
For others, it’s not even the best quality Wagyu available.
In 2015, Wang and his colleagues set up their own company, Wagyu World, and set up a facility in the town of Shuanghou, in Henan province.
Watchers have a choice of three options when ordering Wagyu.
They can buy a raw product from a slaughterhouse, or buy it directly from a Wagyu producer.
A third option is to buy a batch of Wagys that have been processed at a Wagy’s factory in China.
“Wagy’s have got a reputation for quality, so I think we’re able to offer the best value to the consumer,” Wang said.
And there’s no question about that.
The price of Wagy in the market is now well above that of Australian beef.
Wyndham Wagyu is now the world’s third-largest supplier of Wagyn’s to the U,S.
Wet Wagyu and Wagyu Shuan, which are both produced by the same Wagyu farm in China, are now also available in Australia.
Wendys prices are so high that it’s hard to find Wagys locally.
“It’s been quite a long time since Wagyu prices have been competitive, so it’s quite a challenge,” Wang told the ABC.
“But I think it’s worth it.
I think Australians are really passionate about the product and we’ve got a great customer base here.”
If you have an opportunity to buy Wagys from Wagyu growers, it really does make a big difference.
“The Australian Bureau of Statistics (ABS) says the average price of Australian Wagyu was $3.80 per kilogram in the second quarter of 2017.
But if you buy a lot from Wagys suppliers, it can make up to $11,000 more a year than if you bought from other Wagys.
That’s a significant cost, especially for families.”
For the average family, it costs around $600 a year to buy beef,” Wang says.”
So the average Australian family is spending around $12,000 a year on beef.
“Wagys are a major part of the Australian food system, and it’s something that has long been a challenge for Australian consumers.”
The problem is that in the last 20 years we’ve started to realise that it isn’t the price that matters.
It’s the quality,” Wang continues.”
As a country we have to start to get more efficient and we need to look at the quality of what we buy.
“The new supplier to the Australian market has been looking at the global market, and the Australian beef industry has been growing rapidly.
The Australian Government is investing heavily in beef in order to keep up with the demand for the product, and is working to improve the quality.”
There’s been a huge amount of innovation in the past 20 years and we’re looking to be one of those countries where the innovation is coming from the Australian meat industry,” Wang explains.”
And I think that’s really important.
“Australian beef producers say it’s important that Wagys are made in Australia, but that there’s more work to be done.”
In the last two or three years, I think the quality has improved, but I think there are still some issues,” Wang tells the ABC’s Breakfast program.”
At the moment, the quality in Australia is not as good as it should be.
“Topics:bovine-product-breeders,animal-science,food-safety,veterinary-diet,china,united-statesFirst posted October 08, 2019 09:25:21