Australian Wagyu Beef Production Sees Demand Outpace Supply

Australian Wagyu Beef Production Sees Demand Outpace Supply
A stock photo of cattle MARTIN BUREAU/AFP/Getty Images
Henry Jom
Updated:

Australian Wagyu beef producers have seen almost a three-fold increase in demand over the past year as local and international popularity for the beef delicacy continues to grow.

Managing director of Irongate Wagyu, Peter Gilmore, told the Australian Broadcasting Corporation (ABC) that interest in his Western Australia-based company’s carcasses and genetics has tripled over the last year, with the price of full blood Wagyu fetching almost AU$450 (US$313) per kilogram.
Henry Jom
Henry Jom
Author
Henry Jom is a reporter for The Epoch Times, Australia, covering a range of topics, including medicolegal, health, political, and business-related issues. He has a background in the rehabilitation sciences and is currently completing a postgraduate degree in law. Henry can be contacted at [email protected]
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