Wednesday’s financial results for Australia’s largest listed cattle operation, AACo, showed just how much impact last year’s drop in prices hurt the company’s balance sheet.
The value of AACo’s herd dropped $150 million when marked to market – an unrealised loss that should turn around if cattle prices do. But how likely is that to happen? We asked some of the industry’s biggest names while at Beef 2024. Here’s what they said.
