Share Market Update : ASX losses top $30b .

Shares are on track for their worst day since Brexit, losing more than $30 billion in value amid big losses across the board, after global markets were hit hard by comments from US Fed officials that a September rate rise could be on the cards.

• Australia's 10-year bond yield jumps above 2% for the first time since June
• The Aussie dollar remains under pressure after sinking more than 1c on Friday
• CBA shares fall below $70, dropping to their lowest in more than three years
• Sharemarkets across the region have lost between 1 and 2 per cent
• Markets are skittish ahead of a speech tonight by dovish Fed governor Lael Brainard
• One of only a handful couple of champs of the day is Elders, after the provincial administrations supplier overhauled its profit figure. 

• Senior citizens is anticipating that basic profit should bounce as much as 24 for every penny after it chose to quit sending out live creatures, starting a smaller than normal rally in its shares, which hopped as much as 7.4 for each penny to $4.76. 

• The agribusiness has looked into its live dairy and hamburger steers shipments China, Indonesia, Vietnam and Malaysia, finding that short-pull ocean shipments of live meat steers to Indonesia, Vietnam and Malaysia stayed productive in spite of "to a great degree high Australian cows costs" so organization will proceed with that business while planning to offer it. 

• Older folks said it would then concentrate on connecting meat and dairy maker customers with live exporters and amassing cows for exporters. The expense of the divestment and related rebuilding would be about $6 million. 

The organization says it expects profit before interest and expenses of $54 million to $57 million this year, up from $45.8 million a year ago.

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