AAC 0.18% $1.37 australian agricultural company limited.

Chart - Potential Breakout, page-6

  1. 64 Posts.
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    The United States has suspended Brazilian meat imports over "recurring concerns about the safety of products intended for the American market".
    Several countries banned Brazilian meat in March, when prosecutors said health inspectors there had been taking bribes to approve sub-standard meat.
    The US didn't impose a ban then; instead, it introduced checks on all of Brazil's meat shipments.
    It says now a significant proportion of Brazilian meat failed safety tests.


    This issue is still rumbling on, it didn't have much of an impact when it broke a few months ago but now the US has banned Brazilian meat hopefully it should move the price on Monday.
    Downside is my steaks are getting more expensive, unless I buy Brazilian.
 
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