Reuters — Corteva Inc. on Wednesday missed analysts’ expectations for second-quarter revenue and its reinstated full-year forecast came in below estimates, sending the seed and pesticide producer’s shares down as much as nine per cent in extended trade. Good weather and higher planted area shifted corn volumes in North America to the first quarter, while […] Read more
Tag Archives corteva — page 4
Corteva posts weak revenue, disappointing outlook
Donation offers up more equipment for grain emergencies
Fire departments first must complete CASA training course
Corteva AgriScience Canada is donating equipment that’s expected to help fire departments across the country save farmers’ lives. The company’s funding will purchase GSI RES-Q-TUBE and Haul-ALL pencil augers for eligible fire departments that have taken part in BeGrainSafe training put on by the Canadian Agricultural Safety Association (CASA). The GSI RES-Q-TUBE is a rescue […] Read more
Bayer, Corteva among companies stepping off Facebook
Major firms pledge to pause advertising for July
A couple of major players in the agriculture sector are on an expanding list of major companies pausing advertising on Facebook for the month of July in pursuit of policy changes at the U.S.-based social media giant. Bayer and Corteva Agriscience recently announced they have joined the #stophateforprofit campaign, backed by organizations including the Anti-Defamation […] Read more
Nutrien cuts 2020 forecast as corn demand, potash prices hit
Reuters — Fertilizer maker Nutrien said Wednesday it has seen limited impact from the COVID-19 outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices are hard-pressed outside North America. Biofuel producers have been hit by plummeting demand for gasoline and jet fuel after severe global travel restrictions were imposed […] Read more
Field-level research continues, but with COVID-19 distancing
Private and public research continues in the field, but some lab work is shut down
Universities and private companies continue the develop and research crops, but they are dealing with the imperative to conduct the research apart to assure farmer and co-operator safety. Why it matters: Plant research is an essential service. Trying to continue the research for the agriculture sector while maintaining safety of those involved is important. What’s changed? […] Read more
Farm suppliers race COVID-19 spread for planting season
Winnipeg/Chicago | Reuters — North America’s biggest farm suppliers are accelerating shipments of fertilizer, seeds and agricultural chemicals to crop-growing regions in an unprecedented race against the coronavirus that threatens to disrupt planting season. The timing could not be worse for farmers preparing to plant crops. Disruptions in deliveries of fertilizer, seeds or chemicals could […] Read more
Corteva launches new cereal fungicide
Canadian barley, oat and winter wheat crops now have additional multi-mode of action protection against serious leaf diseases with Cerefit fungicide from Corteva. Newly registered Cerefit fungicide will help protect cereal crops across Canada beginning in 2020. Cerefit is a dual mode-of-action fungicide that targets leaf diseases, which will ultimately provide farmers with increased yield […] Read more
Court orders big ag firms to hand over documents in antitrust probe
Ottawa | Reuters — A Canadian federal court has ordered a group of major agriculture companies to hand over records and communications in an antitrust probe sparked by allegations some businesses tried to block online farm-supply startup Farmers Business Network (FBN). In a series of court orders issued Tuesday, Federal Court Justice Denis Gascon said […] Read more
Probe eyes possibility of ‘co-ordinated behaviour’ in Big Ag
Competition Bureau probes majors' response to FBN's Canadian launch
Canada’s Competition Bureau is investigating leading agriculture companies for allegedly attempting to drive a California-based online farm-supply retailer out of the Canadian market. Documents filed in Federal Court show Federated Co-operatives, Cargill, Winfield United Canada, Univar Canada, BASF Canada Inc., Corteva and Bayer CropScience (and, by extension, Monsanto Canada) are all under investigation. Investigators with […] Read more
Corteva to stop making Lorsban
Chicago | Reuters — Corteva will stop producing the agricultural pesticide chlorpyrifos by the end of the year, the company said on Thursday, removing the world’s largest manufacturer of a chemical that has been linked to low birth weight, reduced IQ and attention disorders in children. Corteva, spun off last year after a merger of […] Read more
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