Nufarm sells off South American business to Sumitomo

Gregor Heard
October 4 2019 - 6:00am
Investors reacted favourably to the news Nufarm is selling its South American crop protection business.
Investors reacted favourably to the news Nufarm is selling its South American crop protection business.

INVESTORS have reacted favourably to the news Nufarm will sell off its South American crop protection business, with shares rallying as much as 48pc this week before cooling off slightly.

Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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