Hi
Does Elders have any exposure to this ?
"China is home to almost half of the world’s pigs and the news sent the global price of pork soaring." ....
The implications of the outbreak are already being felt beyond Asia. Global pork prices have risen by almost 40%, and long term it is likely to lead to more pork imports from Europe and America to meet demand, which will also push up global meat prices. Market analyst Rabobank said global pork supplies could fall by 8%.
https://www.theguardian.com/world/2019/jun/06/millions-of-pigs-culled-across-asia-african-swine-fever-spreads-thailand-
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Mkt cap ! $1.468B | |||
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| ELD (ASX) Chart |