May 18, 2026 – 12.52pmA runaway bill for an information technology upgrade and rising fertiliser and diesel costs for farmers have hit agribusiness group Elders, wiping out more than one-fifth of the value of the 187-year-old business on Monday.Elders is Australia’s second-largest supplier of chemicals and fertilisers for farmers and runs a large real estate division with 200 offices that sell residential real estate and farms. It also conducts cattle and sheep auctions.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles