Elders says clinical cut to live exports won’t hurt producers

By Andrew Marshall
Updated September 16 2016 - 2:01pm, first published 1:30pm
While some observers are uneasy Elders is risking eroding the diversity of its agribusiness portfolio by taking a short-term opportunity to exit live export shipping, the share market is happy.
While some observers are uneasy Elders is risking eroding the diversity of its agribusiness portfolio by taking a short-term opportunity to exit live export shipping, the share market is happy.

Elders is promising there will be no “fire sale” of the company’s live export operations, despite this week deciding to quit its risky livestock shipping business to avoid a cost blowout hurting shareholders.

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