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Nufarm sales crash in first half

Nufarm’s sales plunged by 27.9% to Aus$890 million (US$814 million at the current rate) in the six months ended January 31st 2010. The company attributes the fall to the global price reduction of the herbicide, glyphosate, and adverse climatic conditions in the northern hemisphere. The company issued a profit warning prior to the release of its first-half results ( Agrow No 587, p 3).


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