Saturday, March 7, 2009

Alcoa has the beef!

Interesting blurb about Alcoa owning cattle in Australia


Here's the link: http://www.amm.com/login/denied_empty/2009-03-06__17-24-24.html/MELTING+POT+Alcoa+beefing+up+its+operations



Here's the actual story:

MELTING POT: Alcoa beefing up its operations

Alcoa Inc. is cashing in on what may be the world's last bull market: it is planning to auction off 700 weaner steers online.

In what is a little-known fact, the Pittsburgh-based aluminum producer, via its Alcoa Farmlands, owns the largest beef breeding herd in southwest Western Australia. The cattle are expected to weigh between 615 and 750 pounds apiece, according to Australia's Weekly Times. Alcoa Farmlands has about 11,000 beef cows, including 2,200 Angus breeders and 1,400 Angus cross Murray Grey and straight Murray Grey...