date:May 20, 2014
ables were planted during April 2014 with the first harvest expected in June 2014.
Beef Division
Revenue from the beef division increased by $9,568,573, or 140%, from $6,815,921 for Q1 2013 to $16,384,494 for Q1 2014. The increase was due to fattening 16+ month old cattle for three months, rather than 14-15 month old cattle for four or five months.
During 2013, SJAP developed 22 farmer cooperatives. Development progressed during 2014 such that the Company now expects cooperative farms to prov