In 1962 Walter Shealy bought his first registered heifer, Paycheck Ermine, as a 4-H project. As his herd grew he realized that he needed more pasture. When he was 13 years old, he and his county extension agent, Ollie Dunkle, paid a fruitful visit to a widow lady in Newberry, SC. The two were there to see what the chances were that she might lease an enthusiastic, enterprising young man (Walter) her 44-acre farm to house his growing 4-H project – Angus cattle. When he turned 16 the lady decided to sell the farm. Walter approached a local banker to apply for a loan to purchase the land. Even as a youth, Walter always had a plan and a strong work ethic. He picked up pecans, ran paper routes, and worked odd construction jobs to support the 4-H project. He convinced the local banker that he could repay the loan by executing his business plan to rent the house, sell his calves, hay, pecan crop and by working after-school/summer jobs. Apparently Walter was convincing, and 55 years later, Walter Shealy is still raising Angus cattle on that same tract of land, now known as Black Grove.
Walter's interest in Angus cattle began with showing Angus heifers in 4-H. He credits much of his early successes with his projects to his mentors, Ollie Dunkle, and his parents' encouragement. He was an original member of the SC Junior Angus Association. While his passion has always been Angus cattle, Walter's family history is a story in itself that might shed some light on how he came to be the successful businessman, community leader, and top-notch cattleman that he is today.
When Walter's father was 36 years old he had built a successful ice cream business in Charleston, SC. It was then that he became a Christian, and decided to complete his education. He obtained his high school and college degrees over the next four years and subsequently becoming a minister at an inner city church in Greenville, SC. He saw troubled children and youth and thought how much they could benefit from growing up in a rural environment versus the inner city. In 1960, the Shealys sold everything they had and moved to Newberry, SC, to begin the Boys Farm. Fifty-five years later more than 500 boys have benefited simply because this couple saw a need and put into action what most folks wouldn't have the courage to do. Today, the Boys Farm (click here for more information) is a growing, non-denominational, privately-funded mission that operates in the black. Farm animals include registered Angus cattle, horses, goats, and chickens. With some help from the Newberry Cattleman's Association, the boys have the opportunity to show goats, steers, and heifers as 4-H projects and earn scholarships for their efforts.
Walter was 11 years old when his family moved to Newberry. He grew up at Boys Farm, with two roommates and "lots of brothers" over the years, many with whom he has stayed in touch. Walter credits his resourcefulness to run a cattle farm as a teenager to the values of family, hard work, personal and financial discipline and sacrifice, love and respect for family and friends and God's creatures, that were instilled in him and the other children growing up at Boys Farm. Add financial necessity and you have a formula for success.
Walter's entrance into the beef cattle world was blessed with good fortune and his first four brood cows produced a total of 13 consecutive heifer calves to result in a nice-sized herd in a short period of time. The local Purina dealership noted Walter's enthusiasm and love of cattle. They recommended Walter Shealy, for the Ralston Purina Youth of the Year Award which he received in 1965.
In addition to his odd jobs and his farm, Walter managed to play three sports in high school. And quite proficiently it seems, as he was asked to play football at Presbyterian College in Clinton, where he met his future wife, Jean. While Walter loved football, it took some prodding from family and friends to persuade him that he should go to college. He leased his beloved cattle to a family friend, Dale Owens, for five years and while in college he worked a part-time job at the very farm his friend managed, conveniently allowing him to keep a close eye on his Angus herd.
Walter completed college and was off to enter the banking business in Atlanta. After career moves to Los Angeles, CA, and Milwaukee, WI, he settled in Miami, FL, in 1984 where he became president of a $2.5 billion savings bank which grew to $10 billion before resigning in 1989. He subsequently founded his strategic consulting company, WDS Investments, Inc. in 1989. All the while Walter kept adding acreage to his farm in Newberry, now totaling almost 400 acres, which he visited as frequently as his businesses would allow. As an absentee owner, Walter is convinced that his herd developed strong survival genetics and hardiness during his time away. In 1989, Walter and Jean began making plans to make a permanent move to Newberry. Walter wanted his sons, Dixon and Russell, to finish understanding their heritage and enjoying the benefits of living in a rural environment. Over the past 55 years, the family has operated Black Grove without ever hiring a full time manager or employee. In 1994, they returned to live in the very house that was on the original 44-acre tract that Walter rented and subsequently bought as a 16-year-old boy. Today, Walter is Chairman and chief executive officer of WDS Investments, Inc. and Shealy Consulting Group. Go to LinkedIn for more information on Walter's other business activities. His responsibilities still require him to travel a great deal. Dixon, his oldest son, now runs Black Grove on a daily basis and Jean continues to handle the accounting. Walter manages to spend as much time as possible in Newberry surrounded by Angus cattle, his family, their heritage, and the Boys Farm.
Around 125 breeding-age Angus females make up the nucleus of the registered cattle at Black Grove. Walter has heavily focused on using Embryo Transfer (ET) in his program and has 15 donor cows. Black Grove contracts with several commercial cattlemen to raise part of their ET Angus calves until weaning.
Walter's breeding philosophy is short and sweet – "Fundamentals survive fads." He selects proven genetics using multiple-trait selection criteria including: fertility, phenotype, low input identifiers, longevity analysis, performance EPDs, carcass data, and gene markers technology. He looks for cattle with bloodlines from animals that have longevity (a trait not presently measured by the Angus Association). He believes longevity translates into functionality because logic dictates that cows who live a long time would have been culled if they were not functionally sound. If a cow did not produce a calf annually, have good feet, good teeth, good udder, milk well or maintain her fleshing ability, remain productive or fertile she would have to be culled. Walter's conclusion is if we can breed cattle that function for 12-15 years we will dramatically cut our turnover, thereby cutting the expensive capital cost of raising replacement heifers in half.
To that end, we have developed a new longevity trait selection index which allows us to identify animals that should have a higher probability of living longer. The result is less turnover of productive females (our factories), lower capital investment in replacement heifers, and therefore, higher profitability and improved return on investment. We believe longevity/functionality is one of the most important selection traits for any commercial or registered cow-calf operation.
On our misc page, you will find an explanation of the Black Grove Longevity Trait Selection Index. All Black Grove females offered in our future sales will be ranked using a simple one to five star system derived from mathematical formulas which have been reviewed and validated by an actuary.
In addition he also looks for cows that are low input, low maintenance, structurally sound, calve easily, have strong maternal instincts, easy fleshing (energy efficient) and docile. Cattle with these characteristics have proven to perform well in our Southeastern environment which is dominated by hot, humid summers and fungus-infected fescue grazing in the winter. Walter said, "Our culling criteria is simple, we don't reproduce those cattle that don't work for us in our environment."
Within the Black Grove herd, one can find some of the most well-known Angus cow families in existence. In addition, Walter has bred a number of promising young herd sires including most recently Black Grove Elation, an EXT son out of 3R1(707x4465), SLA BG Rito 707 (Rito 707 x 5ET3), Black Grove Time 519, a Leachman Right Time son out of 5119 (8103 x 4465) and Black Grove Traveler 289, a DHD Traveler 6807 son out of 814L, (GDAR Rainmaker 340 x 1905). For more information go to our sires page.
Since his return to the farm, Black Grove has had four production sales beginning in 2002. The 2004 and 2006 sales turned out to be the all-time record-breaking sales for South Carolina averaging over $5,000 per lot. The 2006 sale featured the all-time record-selling female in South Carolina, Castle Hill Erica C035, the greatest full sister to Leachman Right Time. She sold for $60,000, one-half interest ($120,000 valuation) to Sauk Valley Angus in Illinois. The goodwill from 55 years breeding Angus cattle translated into cattle being sold into 15 states. The Black Grove herd is now recognized as one of the most unique low input and longevity programs in the country.
Currently Black Grove is partnered with Springlake Angus in Lynch, NE, the Legacy herd for RR Rito 707 genetics. Black Grove and Springlake are partnering on flushes, donors and an annual production sale at the Springlake Ranch. In addition, Black Grove now has a recip herd in NE. The cattle from these two historic herds are performing extremely well in both regions of the country.
Walter sees the beef business as an exciting playing field with tremendous strides being made in the scientific research arenas. Feed conversion and longevity are subjects that Walter has a great deal of interest in and as a former banker, he is well aware that these are two of the largest cost components of producing beef. He hopes the American Angus Association will work with private researchers and universities to address these subjects taking into consideration the environmental differences in each region of the country.
The Angus Association has the cattle industry's most sophisticated data base. But Walter believes there is a positive bias towards new generations of genetics in the Association's software, similar to that which existed in the dairy industry's software. He believes the Association's embracing DNA technology along with actual performance data is key long term to providing more accurate information and projections.
High input (terminal) cattle with the largest Milk EPD, IMF and $B numbers or the highest growth EPD's for weaning and yearling weights may be ideal for the feed lots and CAB but they are not the most profitable genetics for cow calf operations in every region in the country. The high input cattle are perfect for some geographic areas, but not all.
Low input (maternal) cattle with more moderate numbers focusing on $W and $EN, feed efficiency and longevity are typically much more profitable in the hot and humid environments and the grasslands of the country.
In addition show cattle will focus less on terminal or carcass traits and more on phenotype, muscle and longer hair. In essence one type does not fit all cattlemen in all parts of the country.
Walter would like the association to be more supportive of the various types of cattle we need in the different environments in which the membership operates. Value creation for our members is a function of one's return on investment in one's own environment.
About ten years ago Walter's older son Dixon returned to the farm. Today he serves as our manager and herdsman. He has been instrumental in improving many of our practices and intellectually pushing us to experiment and challenge or validate our theories. He also works closely with Clemson University on many aspects of our operation. In 2014 he was named to the Clemson University Bull Test Committee and in 2015 Dixon was elected to the SC Angus Association Board of Directors.
We work closely with our regional soil and water conservation office and in 2013 Black Grove received the Conservationist of the Year Award.
Dixon gets a kick out of teasing Walter about working his dad hard on the weekends.
He tells Walter that free labor is hard to get and he is going to take advantage of it when he can. Like most families in the cattle business we all pitch in when needed.
Russell, our younger son is an excellent cowboy and he helps whenever he is in town and we need him. He is always in the ring on sale day. Their mother, Jean
a city girl, has become a good hand over the years. She is always collecting the money on sale day.
Over the past couple of decades Walter has been elected to represent his fellow SC Angus breeders as one of their delegates to the American Angus Association National Convention, an honor of which he is very proud. In recognition of all the contributions he has given the South Carolina Angus Association, the Angus breed and the community, the South Carolina Angus Association dedicated the 2015 South Carolina Angus Futurity to Walter.
With Dixon managing the day-to-day operation you might find Walter devoting his time to some other worthy endeavors. He is Chairman of the Board at Boys Farm, Inc., Chairman of the SC Angus Association Hall of Fame committee and is involved with the Fellowship of Christian Athletes in SC. He previously served as President of the SC Angus Association, was a member of the executive committee of the board of directors of the SC Cattlemen's Association, served on the Board of Trustees at Presbyterian College, served as a Trustee for the South Carolina Independent Colleges and Universities, served on the Newberry Opera House Board of Directors, and coached numerous athletic teams over the years including American Legion baseball. He is a member of the First Presbyterian Church, and is a proud father of two sons, and a devoted husband to his wife, Jean.