U.S. agrichemicals firm Corteva reported a larger-than-expected loss on Wednesday, hurt by lower sales and prices for its products, leading the company to also cut its full-year sales outlook.
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Corteva reports larger-than-expected loss on low demand and pricing
Bayer, others defeat US farmers’ chemical price-fixing lawsuit
A U.S. judge has dismissed a lawsuit accusing agriculture giants Bayer, Corteva, Syngenta and others of conspiring with wholesalers and retail outlets to fix prices for seeds and crop protection chemicals, causing farmers to pay higher prices
Herbicide approved for industrial use by drone
Canada’s Pest Management Review Agency approved Garlon XRT herbicide, the first industrial vegetation product with drone application on the label.
Latest soybean series claims boost in more than yield
Growers in Canada will have limited access to varieties that offer better disease tolerances
Soybean production has seen greater prominence in Ontario in the past 15 to 20 years. Agronomics, trait development and better, more intensive management boosted the crop’s performance and it is now the acreage leader among the big three. An announcement from Corteva Agriscience about its Pioneer brand Z-Series soybeans may provide growers with options to […] Read more
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.
Crop-killing weeds advance across US farmland as chemicals lose effectiveness
Losing battle with weeds adds pressures to farmers already stressed by inflation, extreme weather
Crop-killing weeds such as kochia are advancing across the U.S. northern plains and Midwest, in the latest sign that weeds are developing resistance to chemicals faster than companies including Bayer BAYGn.DE and Corteva CTVA.N can develop new ones to fight them.
Increased Group 1 rates advised under Enlist system
Volunteer corn will require an adapted strategy as new Corteva technology expands
As more Ontario growers adopt Corteva Agriscience’s Enlist-branded stacked-trait genetics in soybeans and corn, they may need to adjust their approach to controlling volunteer corn. That was one message delivered by Thorndale-based Corteva field scientist Laura Smith during a research plot tour in early July at the company’s Tavistock location. Why it matters: The technology […] Read more
DLF buys Corteva’s alfalfa seed business
Business to be 'fully transitioned' after 2024 season
International forage and turf seed firm DLF is stretching its reach in the alfalfa market with a deal for Corteva Agriscience’s assets in that business. The Danish firm announced Wednesday it had acquired Corteva’s global alfalfa germplasm and breeding program for an undisclosed sum, including its current commercial alfalfa varieties and their trademarks such as […] Read more
DLF sowing the seeds of increased alfalfa breeding with Corteva aquisition
DLF has acquired Corteva Agriscience’s alfalfa breeding program, effective Sept. 1. “We have consistently aimed to establish a strong presence in alfalfa across all our global markets, including North America,” said Soren Halbye, group CEO of DLF, in a release. “Acquiring a renowned alfalfa research program presents a rare opportunity for DLF to significantly enhance […] Read more
Corteva cuts sales forecast on weak demand for crop protection products
Net seed sales rose eight per cent from a year ago, aided by strong prices and increased corn acres
Reuters – Agricultural chemical and seed company Corteva CTVA.N cut its annual sales expectations as demand for its crop protection products showed signs of contraction. Rise in carrying cost of stock for distributors driven by higher interest rates and improved product availability have taken a toll on demand for crop protection products such as herbicide […] Read more