Should we buy Elders for agriculture exposure?
Shares in Elders (ASX:ELD) have had a volatile run over the past ~12 months. Earnings volatility driven by external conditions (weather and crop input values) and elevated gearing levels have weighed on investment sentiment. We recently researched the Company in The Dynamic Investor to assess current levels present an entry opportunity. About Elders Elders is one of Australia’s leading agribusinesses, with a national distribution network with over 450 points of presence throughout Australia. Livestock prices and volumes, as well as …