Pardoo Wagyu plans 10,000-head backgrounding facility amid continued confidence in marbled beef market

https://www.abc.net.au/news/2024-08-26/pardoo-feedlot-global-marbled-wagyu-beef-supply/104270756

Beef market analyst Matt Dalgleish said Pardoo Wagyu stook alongside the likes of Gina Rinehart and Andrew Forrest in its confidence in the long-term demand for marbled meat.

Pardoo Wagyu chief executive Grant Rockman said the damage to Cyclone clean-up on Pardoo Station during Cyclone Ilsa in early 2023 inspired the feedlot plan.

“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.

The company’s ambition is to build a backgrounding facility that will eventually hold more than 14,000 young Wagyu cattle weighing 350 kilograms each.