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Terragen Holdings Ltd ( (AU:TGH) ) has issued an update.
Terragen Holdings has released an independent commercial-scale assessment showing its Great Land Plus biostimulant increased maize silage yields by up to 12 percent over standard grower practice. The trial, conducted by on-farm trial specialist Laconik in New South Wales, found the recommended 4 L/ha application rate outperformed lower doses and combinations with kelp extract.
Using prevailing Australian silage maize values, Terragen estimated the yield uplift equates to about $1,100 in additional gross revenue per hectare. With total treatment and application costs of $55 per hectare, the company calculates a potential return on investment of up to 20 times, reinforcing GLP’s positioning as a cost-effective tool for boosting productivity and supporting soil health.
The 13 replicated data sets across multiple blocks delivered statistically significant results for the 4 L/ha GLP treatment, while lower rates and kelp combinations showed no significant advantage over untreated controls. Terragen says the findings should give growers greater confidence to adopt GLP in silage maize production and potentially improve farm profitability under comparable conditions.
The most recent analyst rating on (AU:TGH) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Terragen Holdings Ltd stock, see the AU:TGH Stock Forecast page.
More about Terragen Holdings Ltd
Terragen Holdings Limited is an Australian research, development and commercialisation company focused on agricultural biostimulants. Its flagship product, Great Land Plus, targets broadacre and fodder crops such as silage maize, aiming to improve yield, nutrient uptake and soil health for growers in competitive fodder and feed markets.
Average Trading Volume: 218,939
Technical Sentiment Signal: Sell
Current Market Cap: A$11.99M
Find detailed analytics on TGH stock on TipRanks’ Stock Analysis page.