date:Apr 05, 2012
with the remaining 3,000 head delivered through fiscal year 2013.
Wholesale prices for live cattle are currently averaging $3.94-$4.73/Kg depending on locality (i.e. North or South China). Sino Agro said the company could realize revenues of approximately $4.1 million - $4.7 million during Fiscal Year 2012 from the deal, based on current demand and current wholesale prices. Sino Agro said the company could realize revenues of approximately $12.3 million - $14.1 million during fiscal year 2013,