Australian Agricultural Company (ASX:AAC) said initial estimates indicate total costs associated with infrastructure repairs, helicopter mustering, and emergency fodder drops from flooding at three of its Queensland properties are expected to reach nearly AU$5 million, according to a Thursday Australian bourse filing.

The company said it has applied to access joint federal and state funding for emergency fodder drops, which, if granted, would offset some of these costs, though it is not typically eligible for other emergency or relief funding due to its size.

AACo estimates about 7,000 head of cattle valued at about AU$13 million were lost to the floods, representing about 1.5% of its total herd.

The financial impact of these losses is anticipated to be offset by expected increases in cattle valuations across the balance of the herd this financial year, with the flood-related financial effects expected to have a limited impact on AACo's overall fiscal year 2026 financial position, the filing added.