Attempting a world-first, Havelock North's Jason Ross was told "it couldn't be done" but he persevered anyway. He is now the co-founder of First Light Foods, a Hawke's Bay based premium grass-fed wagyu and venison company that he started with two friends in 2003. Hawke's Bay Today reporter Andrew Ashton finds out how he did it.
When you helped found First Light what was the biggest worry you had about the viability of establishing Japanese wagyu cattle in NZ? And how did you overcome it?
We were the first company in the world to attempt to raise wagyu cattle exclusively on grass, so our greatest fear was the unknown. We faced opposition at every step, from Japanese experts who said it couldn't be done, to traditional farmers who didn't like how they looked in the front paddock, to beef processors who wanted 5000 not 500, to international wholesalers who were happy with status quo.
We knew the beef from 100 per cent grass-fed wagyu was incredible and consumers would love it, so we overcame every obstacle by being bloody minded and thick skinned. We all kept a copy of Geoff Ross' story about starting 42 below Every Bastard says no on our bedside tables.
What are the economics that need to be right to ensure ag-businesses get access to the initial capital layout needed to establish sustainable and free-range farms?
It's fair to assume potential investors into New Zealand agriculture are playing the long game. Investors therefore need confidence regarding the profitability of the sector over the medium to long term. Given all the natural factors at play in a pastoral system, the ability to forecast farm gate returns becomes critical. A key reason farmers join First Light is our ability to offer known returns, which they can hedge against their exposure to commodity markets.
Do you see meat-free meat alternatives ever replacing real meat or can the two co-exist?
The French cheese makers producing Roquefort may have worried about the invention of the Colby cheese slice, but I doubt it. They were probably too busy passionately improving their beautiful natural product.