Blog Post

FMD risk starting to weigh heavily on listed companies exposed to livestock

SHAREHOLDERS investing in some of Australia’s largest listed companies exposed to our livestock industries are responding to the elevated level of concern over Foot & Mouth Disease risk.

Both Elders and the Australian Agricultural Co share prices have fallen over the past three weeks, as FMD concerns have risen, and analysts have connected the two.

As this graph shows, Elders’ share price closed yesterday at $11.75, having started July at $12.75, a drop of 9.27pc.

Similarly, AA Co shares have fallen 11.85pc over the past month, finishing yesterday at $1.86, down from $2.11 back on 4…

Click to check the original article.