NSW agency leads major private paddock sale

Georgina Pastoral and AAMIG transact one of largest paddock sales ever

Beef News
AAM general manager northern assets Ben Wratten and WQLX site manager Clare McNeven inspecting another load of stock spelling at the Longreach yards.

AAM general manager northern assets Ben Wratten and WQLX site manager Clare McNeven inspecting another load of stock spelling at the Longreach yards.

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McCulloch Agencies have led a major private paddock sale of cattle.

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A NSW-based rural agency has helped pull off one of the largest private paddock sales recorded in recent times.

Tamworth's McCulloch Agencies was involved in the large scale transaction of cattle for Australian Livestock Company, a new wholly-owned subsidiary of AAM Investment Group's Diversified Agriculture Fund.

Terrick Terrick Station at Blackall in Queensland is the new home for 8000 Georgina Gold and Ultrablack females and 5500 organically certified calves from Lake Nash on the Barkly Tablelands.

The premium quality herd from the Hughes Pastoral Group's Georgina Pastoral Company will bolster ALC's stock numbers at its newly-acquired Blackall property.

Such a large-scale transaction was last seen in mid-2013 when South Australian cattleman Tom Brinkworth bought 18,000 heifers from Australian Agricultural Co back to southern NSW.

Related: Terrick purchase gives AAM organic meat options

The sale is part of a move by Georgina Pastoral to transition more comprehensively to Wagyu genetics.

The cattle lift began in early June and will continue into mid to late July.

Selling agent Daniel McCulloch said the purchase of the herd by ALC was in line with AAM's broader vision and long-term approach to investment in the livestock industry.

"This is one of the largest private paddock sales recorded and McCulloch Agencies is very proud and privileged to be part of this," Mr McCulloch said.

AAM general manager northern assets Ben Wratten with Isobel Thomson from the AAM graduate program and AAM CEO Tim Gallagher, with a portion of the 8000 Georgina Gold and Ultrablack females spelling at WQLX Longreach.

AAM general manager northern assets Ben Wratten with Isobel Thomson from the AAM graduate program and AAM CEO Tim Gallagher, with a portion of the 8000 Georgina Gold and Ultrablack females spelling at WQLX Longreach.

"The Georgina Pastoral cattle are very highly regarded within the beef sector and it is great to see such an impressive line purchased by such a dynamic and diversified Australian agricultural business."

AAM CEO Tim Gallagher said the purchase presented an opportunity to secure a consistent line of high-performing females ideally suited to ALC's program for organic cattle production.

"This was a rare chance to purchase a large and complete breeder herd with genetics to meet a range of markets, while infusing higher-quality genetics into our operations without compromising adaptability to northern conditions," he said.

"Georgina Pastoral has a long track record of premium composite breeding and this transaction allows us to increase the stocking rate of Terrick with cattle that will achieve high performance under the Blackall region's climate.

"It also ideally fits with ALC's plans to service the premium organic and grass fed Meat Standards Australia markets."

The-newly created ALC has been established by AAM to drive its expansion across Australia's $28 billion red meat industry.

"This is a foundational investment for ALC and we thank the Hughes family for working with us to create such a unique opportunity and transaction," Mr Gallagher said.

Hughes Group chairman Peter Hughes said the females were ideally suited to their new home at Terrick.

"The Georgina Gold herd was originated by Stanbroke Pastoral Company using a base of Santa Gertrudis females to which Charbray bulls were introduced," Mr Hughes said.

"When we took ownership, we introduced Ultrablack bulls, and the herd has been performing exceptionally well at Lake Nash.

"Terrick is a beautiful place and they will go on to perform there just the same, and we certainly wish AAM well with this purchase."

Read more: AAMIG lease brings historic Blackall property connection to an end

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