The cost of production and price achieved is as you suggest hard to work out across the whole range of Beston Products.
Mining commodities companies, especially Iron Ore, are much easier to assess with all in cost of production and current prices accessible.
I notice from Bega report today and other reading that the Chinese demand for our Infant Formula is decreasing and I assume likewise Lactoferrin.
Lactoferrin pricing is very difficult to access.
We need some contracts quickly. Beston has talked of the high demand for LF, we need to see some proof.
Covid 19 has had a very significant effect with exports the impact will continue for much of the 2021-2020 FY.
Gaining a bigger proportion of the local market is vital.
I would like to see more Beston cheese products in our supermarkets, branded "Made is SA' and priced to compete with the likes Bega cheese.
Ann: FY21 Full-Year Results & Outlook Presentation, page-7
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