A commercial enterprise engaged in the large-scale breeding of livestock.
they operate as traditional pastoral companies, trading in wool and livestock
Example sentencesExamples
Over the past two years the company has transformed itself from being a traditional pastoral company to being a food company.
It consisted mostly of real estate and interest in pastoral companies.
The stockman's image took a bit of a knock, however, when some of the larger pastoral companies decided their stockmen should be wearing riding helmets when out on the range.
By the 1880s the financial institutions of these centres were firmly interconnected, symbolised by the merging of the two leading pastoral companies.
Despite now having the biggest herd for a pastoral company in Australia's history, the chairman called the financial result that year "disappointing".
For the big pastoral companies with their billions in profits, tax breaks and government handouts, it's business as usual.
One of the nation's other major pastoral companies has already bought property in the territory.
Half the cattle were sold for slaughter, while the rest were moved to other properties owned by one of Australia's best known pastoral companies.
They ensured that regional lands remained locked away in the grip of the giant pastoral companies and kings in grass castles.
A decision is imminent on the future of Australia's largest pastoral company.