New stud is as sweet as honey
IT might have seemed like a bizarre move when 37-yearold Richard Wadeson sold up the most popular nightclub in Shepparton to start up his own Angus stud, but according to him, it was always on the cards.
“I have always wanted to get into cattle full time,” said Mr Wadeson.
“We always ran a few for the commercial market in the back paddock, but I have wanted to get into the Angus stud game for a long time and this gave me the capital to get started.” And he has done just that. His 250 acres in Kialla, near Shepparton, is now the home to his brand new stud, Honey Suckle Creek Angus.
He is the owner of three prized bulls from the famed Banquet Angus, and although he is now very pleased with his lot, it wasn’t all smooth sailing at first.
“I purchased a bull privately from Banquet, but unfortunately when he was getting ready to go he tried to jump the rails, and hurt himself,” said Mr Wadeson.
“I was devastated; I’d already pre-sold 5000 straws from him.”
Thankfully Banquet looked after him.
“That was a real blow, but they didn’t even charge me and really looked after me.
“They waved the cost and told me his top prodigy is coming up, so I went to the auction and got him and two others.”
Mr Wadeson went a bit over budget, but he wasn’t going home empty handed this time.
He sourced his cows from Anvil Angus, who have been similarly helpful, and now he is on the way to making a name for himself in the stud market.
“I like to start at the top,” said Mr Wadeson.
“So, I sought out the best I could.”
Which includes his agent Andrew Dalten, from Peter Wilson Livestock, who put in a tireless effort in helping him set up the stud.
Mr Wadeson has now installed stockyards and is improving the soil and crops.
He is also applying for a full organic certification for the commercial cattle herd and even looking to get quarantine approval for the property down the track as well.
“We’ve still got a way to go, but we are getting there,” he said.
“I grew up on an orchard and market garden and I just like the lifestyle.”
GOT THE BULL BY THE HORNS: With top Banquet bulls now in his paddock, Richard Wadeson is ready to dive head first into the Angus market.