Nufarm announces glyphosate suspension overturned

Company News

by Anna Napoli

Nufarm (ASX:NUF) has confirmed that the Brazilian court has now overturned an earlier ruling that had suspended the sale of the products containing glyphosate in Brazil.

The suspension had been due to come into effect this week.

On Monday the regional Federal Court of 1st region in Brasillia cancelled the suspension without conditions following discussions with the Ministry of Agriculture.

The decision will enable Nufarm to continue to sell glyphosate for use in the upcoming Brazillian soybean planting season.

Shares in Nufarm (ASX:NUF) is trading 3.26 per cent higher to $7.13


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