Dont be silly George there is no comparison between Chilled and boxed meat and powdered milk.Political interferance has and will again disrupt that particular marketThe movement of live cattle and genetics to China ,who have facilities ,large and small ,far better than can ever be matched in Australia, is the more profitable If you want a comparison take Iron Ore can you imagine Australia producing steel for the Chinese market.Grow our land base improve our herd and ship to the massive Asian mrket.Its a no brainer as far as I can see. The proof is in the share price. Our competitors think we are a Joke.We will wither on the vine and our greatest resource ,land, will be gifted to you know who.
Buffett/Munger: Cattle Ranching is "Worst" business, page-31
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