PGG Wrightson seed site hit by Uruguay flooding

Wed, 20 Apr 2016

By Edwin Mitson April 20 (BusinessDesk) - Agricultural products and services company PGG Wrightson has warned investors that its seed cleaning site in Uruguay has fallen victim to that country's widespread flooding. The company told shareholders in February that its South American business was expected to perform better between January and June. In a statement to the NZX today, chief executive Mark Dewdney said that was no longer anticipated. "The strength of beef prices gave us reason to believe we would see a recovery in our Uruguaya...

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