Palgrove has the nation’s largest registered herd of Charolais cattle and is also well-known for its Ultrablack and Angus genetics. Its seedstock herd consists of approximately 3,600 registered breeders. In addition, it operates a commercial livestock enterprise consisting of approximately 2,000 breeders and 3,000 crossbred ewes. The Palgrove business operates a diversified portfolio of seven properties totalling 21,600ha across five regions from Emerald in Central Qld through to the Riverina in Southern NSW. Palgrove was established by the Bondfield family in 1969. In 2017 the Bondfields entered a partnership with the New Zealand Superannuation Fund. This partnership has enabled the operating capability and superior beef genetics that had been developed by the family over many years to be leveraged in a highly efficient family corporate partnership.