AAC 1.48% $1.37 australian agricultural company limited.

Dry summer threatens Australian cattle prices, page-3

  1. 86 Posts.
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    Yet another post that has little relevance to AAC

    The big stations on the Barkly such as Brunette Downs have received more than 2 inches of rain in the last few days and the 7 day forecast predicts substantial rain in the Northern Territory. This will set up the wet season.

    With regard to beef prices it was "in the share price" that prices would soften off all time highs but they are still way higher than last year (and USA prices are higher than 12 months ago as well). Demand is strong.

    Quite simply the shares are not expensive and unlike the fallen Agri stocks such as Wellard and Bellamys the AAC investment is underpinned by substantial and in many cases irreplaceable assets.

    it adds little to this forum to trawl the Internet for every doom and gloom story that can be found on beef (synthetic hamburgers) or the world economy at large without even attempting to link some relevance to AAC.
 
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