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Nufarm Limited ( (AU:NUF) ) has provided an update.
Nufarm has expanded its long-term strategic partnership with bp to scale production of Carinata, a non-food oilseed crop used as a sustainable feedstock for aviation fuel and renewable diesel. The updated offtake and marketing agreement, now extended to 2050, is designed to support disciplined, capital-light growth in Carinata supply through milestone-based funding for seed technology and an established value chain from growers to biofuel producers.
The program, which began in Argentina, now spans Brazil, Paraguay, Uruguay and a pilot in Australia, giving farmers new income opportunities and agronomic benefits from crop rotation while supplying independently certified low-emission feedstock. By anchoring long-term demand with a global energy major, Nufarm strengthens its position in the fast-growing biofuels market and aligns its agricultural portfolio with regulatory-driven growth in sustainable aviation fuel and renewable diesel demand toward 2030 and 2050 climate targets.
The most recent analyst rating on (AU:NUF) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Nufarm Limited stock, see the AU:NUF Stock Forecast page.
More about Nufarm Limited
Nufarm Limited is a global crop protection and seed technologies company that supports farmers and agribusinesses in producing food, feed, fibre and sustainable fuels. Listed on the ASX and headquartered in Melbourne, it focuses on leveraging innovation and partnerships to supply agricultural inputs and specialty crops for emerging biofuel markets worldwide.
Average Trading Volume: 1,652,464
Technical Sentiment Signal: Sell
Current Market Cap: A$697.2M
For a thorough assessment of NUF stock, go to TipRanks’ Stock Analysis page.