Strong demand for Australian beef in the US, Asia and at home has helped the nation's largest cattle and beef producer to record earnings, despite herd losses because of flooding.
Australian Agriculture Co turned a $71.6 million operating profit, up 23 per cent, in fiscal 2026, marking its best annual result since the metric was introduced in 2016.
AACo's bottom-line result came in at $107.3 million, a sharp turnaround from a $1.1 million loss in 2025, as its herd value rose despite the loss of 7000 cattle during the north Queensland floods of late 2025 and early 2026.
Revenue grew nine per cent to $422.1 million, as beef sales rose seven per cent to $314.4 million and cattle sales jumped 15 per cent to $107.7 million.
