Investors flee Nufarm as company endures $500 million drop in nightmare day

Gregor Heard
March 24 2019 - 7:00am
Chemical giant Nufarm endured a tough day at the office on Wednesday.
Chemical giant Nufarm endured a tough day at the office on Wednesday.

CROP protection business Nufarm has been the latest agribusiness to fall victim to the never-ending east coast drought, with a profit downgrade sparking a horror day on the share market.

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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