Bull market for beef, says Harold Mitchell

By Brendan Coyne | 8 July 2013
 
Harold Mitchell: Bull market just over yonder

Harold Mitchell is preparing to ride out of media and into the cattle market. There's a bull market just over yonder, the outgoing Aegis Pacific executive chairman reckons.

Mitchell has been putting together a stable of assets while quietly helping smooth the export trail to Indonesia. The latest is a $4.3 million 177,000 hectare cattle station in Kimberley WA. After a perfect storm of poor market conditions, Mitchell told the AFR that there has never been a better time to pile in.

Mitchell also has a steak stake in cattle stations in partnership with Seven West Media's Doug Flynn.

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