New to aaco, from 2015 financial report. Directors report. If they can get on top of this we could be seeing some fantastic returns coming up.
"Despite growing our own herds, internal supply of cattle was not sufficient to meet the demand of our beef customers. Hence we have been required to increase the purchasing of both store and finished cattle. Improved climatic and market conditions have resulted in these additional purchases taking place in a strong pricing environment. While in the short term this has put pressure on the margins in our Grainfed business, we are confident that focus on integration efficiencies and branding opportunities will lead to improved margins in the future. "
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