Allied Farmers sees steady FY operating earnings despite headwinds

Mon, 10 Jun 2019

By Rebecca Howard June 11 (BusinessDesk) - Allied Farmers expects annual operating earnings to be generally consistent with the prior year despite headwinds from the likes of the Mycoplasma bovis outbreak. The company says the livestock business remains challenging, with farmer caution related to Mycoplasma bovis, climatic challenges in the earlier part of the second half, and some late softening of cattle pricing. "To project a repeat of such strong operating earnings, in a far more difficult year, is very pleasing and a credit to th...

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