Nufarm is a leading marketer and manufacturer of agricultural chemicals in Australasia. The company specializes in producing crop protection products and seed technologies, catering to farmers and agricultural businesses. Nufarm's strong market position is bolstered by its extensive distribution network and commitment to innovation in sustainable agriculture.
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Historical Price Data
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Shorted
short percentage2.54%
reported shorts9.7M
shares on issue384.154M
Industry & Focus
Chemicals
Agriculture
Manufacturing
ASX
Nufarm
Company Overview
AI-generated company summary
Nufarm is a leading marketer and manufacturer of agricultural chemicals in Australasia. The company specializes in producing crop protection products and seed technologies, catering to farmers and agricultural businesses. Nufarm's strong market position is bolstered by its extensive distribution network and commitment to innovation in sustainable agriculture.
Company History
Nufarm was founded in 1957 in Melbourne, Australia. Over the decades, it has grown from a small local business to a major player in the global agricultural chemicals industry. Key milestones include its expansion into international markets and the development of proprietary seed technologies. Nufarm has consistently focused on innovation and sustainability, adapting to changing agricultural needs.
Competitive Advantages
Nufarm's competitive advantages include its robust R&D capabilities, which drive innovation in crop protection and seed technologies. The company also benefits from a well-established distribution network across Australasia and other key markets, ensuring efficient product delivery. Additionally, Nufarm's commitment to sustainability and environmentally friendly practices enhances its reputation and customer trust.
Risk Factors
•Fluctuations in raw material prices
•Regulatory changes in agricultural chemicals
•Climate change impacting agricultural demand
Recent Developments
Last 6 months
In the past six months, Nufarm has focused on expanding its product portfolio with new sustainable agricultural solutions and has strengthened its presence in emerging markets through strategic partnerships.
Key People
Leadership team at Nufarm
GH
Greg Hunt
CEO
Greg Hunt has been the CEO of Nufarm since 2015, bringing extensive experience in the agricultural sector and a focus on strategic growth.
PB
Paul Binfield
CFO
Paul Binfield joined Nufarm as CFO in 2018, with a strong background in financial management and corporate strategy.