Wellard posts $2m half-year loss after live export trade tightens

Andrew Marshall
March 9 2021 - 6:30am
Wellard profit turns to loss as live export trade shuns Aussie sheep, cattle
Wellard profit turns to loss as live export trade shuns Aussie sheep, cattle

Soaring livestock prices, shrinking live export activity and stiff competition from rival shippers have forced sheep and cattle carrier Wellard Limited back into the red after it briefly recorded its first profit last financial year.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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