Numerous stock agencies in Victoria, SA, Tas and NSW - many of them privately owned - are reportedly caught up in a financial dilemma following the collapse of a live export heifer order arranged for China.
Well, no sympathy. They were happy to play a high risk game for high financial stakes. And high risk is just that....there is a reason that insurance does not cover these agents.
Exporters of live animals have a choice. The animals themselves do not.