Nufarm Limited
(ASX:NUF) chairman Donald McGauchie has urged the government to support the agribusiness sector to meet global food demand.
Mr McGauchie told media that the change in government would not be enough to help the sector meet its growth potential.
He says the previous Labor government's handling of the Indonesia live cattle export ban was a very unfortunate decision.
He says the key to Australia's agricultural sector growth will be targeting middle-class consumers around the world, rather than trying to compete with low-cost competitors abroad.
Nufarm generated a net profit of $81.7 million in fiscal 2013.
