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Is AACo's beef strategy well done?

From $580 steaks to the involvement of a soccer team-owning billionaire, beef giant AACo argues it is on the right track.

Liam WalshReporter

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On the 122nd floor of the world’s tallest building, a 300-gram striploin from Australia costs about $580.

That’s nearly $60 every mouthful of Wylarah beef, a “fullblood Wagyu” featuring “the perfect balance of marbling and lean”, served at At.mosphere restaurant in Dubai’s Burj Khalifa skyscraper.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/agriculture/is-aaco-s-beef-strategy-well-done-20200611-p551rt