The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York.  Photo: Reuters/Brendan McDermid

Corteva profit beats on higher seed prices; plans $1 bln share buyback

Depressed seed sales offset by higher price in North American and European markets and higher corn acres

Agricultural chemical and seed company Corteva beat Wall Street estimates for fourth-quarter profit on Wednesday as higher prices in its seeds business offset lower volumes and announced plans to repurchase nearly $1 billion shares in 2024.