THE exodus of grain traders has continued, with Queensland company Dalgrains (Qld) Pty Ltd being wound up by its owners.
Dalgrains is owned by Tobin and Stephanie Cherry, of Dalby, in Queensland.
The company has 120 shares, 40 of which are owned by Mr Cherry and the other 80 by the Cherrys investment company Cherry Investments.
On Wednesday, Mr Cherry moved to wind up the grain trader, appointing Adam Ward, from Worrells Solvency and Forensic Accountants, as liquidator.
The majority share was originally owned by Dalby Rural Supplies from Dalgrains inception in June 2012.
But on March 1 this year, its stake was sold to Cherry Investments.
Dalgrains was a member of Grain Trade Australia, listed as a Level C member trading under 250,000 tonnes of…
Read the full article at: https://www.weeklytimesnow.com.au/agribusiness/cropping/queensland-grain-trader-dalgrains-placed-in-liquidation/news-story/074414259c6a87d7048534a111e376d6