[28 July/ Stuff]

Ballance Agri-Nutrients’ gross trading result increased from $22 million to $56.8m in the last financial year, allowing a $54m farmer shareholder return. The fertiliser company‚Äôs revenue dropped 4 percent to $805 million, and sales volume saw a 1 percent decreased; however, Chief Executive Mark Wynne said Ballance improved its performance due to increased farmer spending on smart products.