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    ELD   AU000000ELD6

ELDERS LIMITED

(ELD)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 12/02
11.2 AUD   -2.01%
01:11aELDERS : Sheep market – December update
PU
11/30ELDERS : acquires LJ Hooker Rockingham
PU
11/30ELDERS : Gold standard wool lifts returns for Greenwich Pastoral
PU
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Elders : National Shedding Breeds Ewe Sale

10/13/2021 | 12:12am EST
13 Oct 21
Elders National Shedding Breeds Ewe Sale Shedding sheep are fast becoming one of the most in-demand classes of sheep in Australia according to data from AuctionsPlus.

Sales data on the 2020-21 year highlights a 131 per cent (pc) increase in the number of shedding ewes sold on the platform and a 45pc increase in the number of shedding lambs. Learn more in our recent article.

On paper, demand for shedding sheep appears to be outstripping supply offering a premium for breeding stock.

Long term confidence in the future returns from meat sheep is amplified in the current market scenario whereby feed stocks are high, and the price for lamb remains at a favourable level.

Your chance to purchase

On 18 October the Elders National Shedding Breeds Ewe Sale will take place on AuctionsPlus. There are over 3,000 future breeder ewe lambs and hoggets on offer from across Western Australia, including 350 black tag dorper ewes.

Elders livestock manager for Western Australia, Mike Curnick, took the time to explain the popularity of shedding sheep, recent price rises and what could be expected from the online sale on Monday.

"Shedding sheep have been popular with mixed cropping farmers for a number of years due to their convenience in terms of not needing to shear," he explained.

"In recent years, they have gained popularity with more traditional meat producing farms as well.

"The rise in price, particularly in 2021 is reflective of the level of demand relative to tight supply. It's a trend we expect to continue, and Monday's sale will be no exception.

"We have multiple lots of quality ewes to sell on Monday which include Dorper and Ultra White breeds perfect for starting a shedding flock or building existing numbers."

Buyers can view the individual lots on AuctionsPlus, with the auction commencing at 4:00 pm (AEST) 18 October.

For more information email Mike Curnick.

Are you looking to grow your flock and need to finance your livestock purchases?

Learn about our Livestock Funding options

Disclaimer

Elders Ltd. published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 04:11:07 UTC.


ę Publicnow 2021
All news about ELDERS LIMITED
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Analyst Recommendations on ELDERS LIMITED
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Financials
Sales 2022 2 709 M 1 919 M 1 919 M
Net income 2022 116 M 82,3 M 82,3 M
Net Debt 2022 131 M 92,7 M 92,7 M
P/E ratio 2022 15,2x
Yield 2022 3,70%
Capitalization 1 757 M 1 248 M 1 244 M
EV / Sales 2022 0,70x
EV / Sales 2023 0,67x
Nbr of Employees 2 300
Free-Float 95,9%
Chart ELDERS LIMITED
Duration : Period :
Elders Limited Technical Analysis Chart | ELD | AU000000ELD6 | MarketScreener
Technical analysis trends ELDERS LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 11,20 AUD
Average target price 13,53 AUD
Spread / Average Target 20,8%
EPS Revisions
Managers and Directors
Mark Charles Allison Chief Executive Officer, Executive Director & MD
Tania Foster Chief Financial Officer
Ian Mark Wilton Chairman
Viv da Ros Chief Information Officer
Diana Jane Eilert Independent Non-Executive Director
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