Bengaluru | Reuters – Corteva Inc CTVA.N on Thursday raised its full-year sales and profit forecasts as the crop protection products maker benefits from surging demand from farmers looking to cash in on higher prices since the Ukraine war. The company, which reported a 14 percent jump in second-quarter operating earnings, also unveiled plans to exit some […] Read more
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Corteva raises forecast as demand for seeds, crop protection products booms
Corteva CEO bullish on grain, oilseed prices for 2022
Reuters — Corteva expects prices for grains and oilseeds to remain high this year on record demand levels, its CEO said Thursday, following the insecticide and seed company’s upbeat sales outlook a day earlier. Global agriculture demand and prices for crops picked up pace in the fourth quarter of 2021, thanks to economies reopening and […] Read more
BASF warns on seeding choices for drought-hit imi-treated fields
Steer clear of non-Clearfield canola, durum, canary seed in rotations, company says
Updated, Sept. 22 — The maker of Odyssey, Solo and Viper is warning grain growers whose fields were excessively dry in 2021 that those herbicides may not break down soon enough in those soils to allow certain seeding choices in 2022. BASF Canada on Monday issued an “urgent notice to growers” in which the company […] Read more
Nexera canola seed to come with heat blast insurance
Corteva's 'Heat Advantage' provides coverage on seed purchased by Oct. 29
Farmers can’t prevent canola flowers from aborting in hot weather resulting in lower yields, but one seed company is providing some insurance against it — as part of the price of the seed. Brevant’s Nexera canola seed comes with a “a first-of-its-kind” insurance policy worth up to $100 an acre to offset yield losses due […] Read more
Harvesting nitrogen a sustainable option, says Corteva
Biological product works with plants to draw nitrogen from the atmosphere
Glacier FarmMedia – Nitrogen makes up 78 per cent of Earth’s atmosphere. It is also one of the biggest cost factors in growing crops. So why not use the nitrogen in the air around us? It’s an exciting concept — extracting nitrogen from thin air and putting it to use growing a crop. As a […] Read more
Corteva launches Brazil biotech soy, tackles Bayer head-on
Sao Paulo | Reuters – Corteva Agriscience said on Aug. 9 it will start selling biotech soybean seeds in Brazil, as it seeks to bolster its presence in the world’s largest producer of the oilseed and tackle German rival Bayer AG. Corteva said its Enlist soybean seeds can resist three weed killers including glyphosate, ammonium […] Read more
Corteva lifts sales forecast on strong demand for crop protection products, seeds
Reuters – Corteva Inc on Thursday raised its net sales forecast for the year after strong demand for crop protection products such as herbicides and insecticides helped the agricultural company beat estimates for the second quarter. Corteva also announced a new $1.5 billion share repurchase program, in addition to a $1 billion buyback announced in 2019, […] Read more
Corteva at two
Company manages through pandemic while building old and new brands
The emergence of Corteva two years ago from the merger of Dow Agrosciences and DuPont put a new player on the agriculture stage — a company focused on agriculture that had to merge different cultures and product brands. Corteva recently turned two and Bryce Eger, president of Corteva Canada, talked with Farmtario about the evolution […] Read more
Bayer, Corteva in ‘two-dog battle’ over U.S. soy market
Companies' GM soybeans jockey for market share
Chicago | Reuters — Bayer is launching a new genetically modified soybean in the United States, striking back against rival Corteva in a bid to retain its dominant position supplying seeds to the $40 billion U.S. soy industry. Billions of dollars are on the table for companies producing a growing variety of seeds for soybeans, […] Read more
Investor nominates directors for Corteva, aims to oust CEO
Reuters — Activist investor Starboard Value LP said on Thursday it has nominated eight directors to the board of Corteva, seeking to oust its chief executive officer and take control of the pesticide and seed maker. Starboard, in its letter to Corteva’s chairman, said it had identified someone new for the top job, but declined […] Read more
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