Pardoo Beef wagyu operation snaps up Leopold Downs in Kimberley

A major wagyu cattle operation in the Pilbara is a step closer to creating a $3 billion premium beef industry in WA’s north after it secured access to highly sought after pastoral land in the Kimberley.

Pardoo Beef Corporation — owned by Singaporean businessman Bruce Cheung — has negotiated a 20-year sublease over a portion of the Yarranggi pastoral lease (formerly known as Leopold Downs) with the Bunuba Dawangarri Aboriginal Corporation.

High Value Beef Product from the Pilbara

In MLA’s ‘Down the track’ series, we catch up with producers who have been profiled in the past to see how their business is evolving in response to new challenges and opportunities. A high‑value beef product might not be the first thing people connect to the vast, dry Pilbara of WA, but Singaporean businessman Bruce Cheung has tapped into the region’s water resources as part of his vision to produce Wagyu for a global market.

Drought-proof wagyu cattle herd in the Pilbara to drive $3 billion industry

A Pilbara pastoral station is so confident in its wagyu cattle operations, it has earmarked funds that would turnaround a herd worth about $3 billion in the next 15 years. Mr Bruce Cheung said, after investing $75 million to-date into his stand and graze program, it would offset the traditional challenges and in return, produce beef of global class.


Centre-pivot irrigation leading pastoral industry attempts to drought-proof WA’s north

Pardoo Station, which has 20 centre pivots and plans to put in at least 12 more, sits above an artesian aquifer.

The first lot of Pardoo Beef Corporation-born pure-blood Wagyu have already gone to a feedlot in the South West, [and] there will be increasing numbers of those leaving the pivots. We would need another allocation to expand, so it’s not really endless and it’s quite controlled and monitored by the Government.

Production Costs a Challenge

THE bold investment by Pardoo Beef Corporation to create an irrigated pasture oasis using groundwater to produce high value Wagyu cattle in the Pilbara has created considerable interest in recent years.

The long term plan is to have 6000 hectares of crops under irrigation and, in conjunction with the Pilbara pastoral sector, turning off 100,000 high quality Wagyu cattle by 2031.We’re looking at pretty close to $5000/ha to run this at high output.