Agchem prices on the rise after cheap market hits Nufarm profit

Andrew Marshall
Updated May 23 2024 - 3:52pm, first published 3:00pm
Nufarm Group revenue of at $1.7 billion in the first six months of 2023-24 was 10 per cent below the same time last year.
Nufarm Group revenue of at $1.7 billion in the first six months of 2023-24 was 10 per cent below the same time last year.

Another 25 per cent plunge in global herbicide prices in the past year has eroded Nufarm's statutory net profit almost 70 per cent in the first half of 2023-24 to $49 million.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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