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Australian AgCo lost 7,000 cattle and $18M in Queensland floods.
Australian Agricultural Company reported losing about 7,000 cattle and approximately $18 million in January's North West Queensland floods, though damage was lower than expected due to previous flood mitigation measures.
Separately, Australian Meat Group is facing renewed speculation as a potential sale following a large feedlot acquisition, while the G and K O'Connor processor is also being sold.
Fonterra completed the sale of its consumer brands to Lactalis, and RM Williams opened a new flagship store in London.
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Australian AgCo perdió 7,000 cabezas de ganado y $18M en inundaciones de Queensland.