Canola, corn, soy traits to move forward with China approvals

Approvals from China are expected to allow several major trait developments to move ahead in Canadian canola, corn and soybean fields. The Reuters news service on Tuesday reported safety certificate approvals from China’s ministry of agriculture and rural affairs for biotech traits including: Bayer’s 88302, or TruFlex canola, approved in Canada since 2012; BASF’s RF3, […] Read more

Assure herbicide’s active ingredient under new ownership

Now being put to work in Enlist corn, the active ingredient in Assure II herbicide has a new owner. California-based American Vanguard Corp., the owner of ag chemical producer Amvac Chemical, announced Thursday it has bought the quizalofop-p-ethyl (QPE) product line of herbicides from DowDuPont’s ag division, Corteva Agriscience, for an undisclosed sum. A Group […] Read more

DowDuPont tops profit estimates as chemicals demand provides boost

Reuters – DowDuPont Inc topped Wall Street estimates for third-quarter profit on Thursday, as stronger demand for chemicals used in cosmetics, paints and packaging gear helped offset slowing growth at its agriculture business. The world’s largest chemicals producer, formed last year through the $130 billion merger of Dow Chemical and DuPont, also said it would […] Read more

About two-thirds of DowDupont’s net seed sales are corn while 20 per cent are soybeans.

DowDuPont to take $4.6 billion charge in agriculture unit

The company says low commodity prices and larger inventories could cause farmers to buy less advanced seed

Reuters – DowDuPont Inc. said Oct. 18 it would write down the value of its agriculture business by $4.6 billion when it reports third-quarter results, as global seed makers face shifts in demand linked to the U.S.-China trade war. The charge sent DowDuPont shares down as much as six per cent in extended trading. Why […] Read more

Sorting out new seed brands

Corteva has solidified how its Pioneer and Brevant seed companies will work in the market

Corteva, the new agriculture brand of DowDupont, is maintaining two seed brands in the Canadian marketplace to fill two sales routes to farmers — through agriculture retailers and direct to farmers. Pioneer — the iconic seed brand —will continue to be sold to farmers by farmer dealers, Collin Phillip, the eastern area leader for Corteva […] Read more

DowDuPont sees higher raw material costs, shares fall

Reuters – DowDuPont Inc said it expects higher raw material costs to hit all its units for the rest of the year even as an uptick in its agriculture business helped the U.S. chemicals producer beat Street estimates for the fourth straight quarter. Shares of the company fell 3 percent to $66.11 in morning trade and […] Read more

DowDuPont upbeat on growth as sales rise

Reuters — U.S. chemicals producer DowDuPont reported a 14 per cent rise in net sales for the fourth quarter and beat Wall Street profit estimates as a strong global economy led to robust demand and higher prices for its products. The newly-combined company, formed by the merger of chemical giants Dow Chemical and DuPont four […] Read more

Dow, DuPont wrap up merger

With Dow Chemical and DuPont now officially a married couple, the two companies’ agriculture businesses are scheduled to clear out of the house within the next year and a half. As per the terms of the merger-of-equals deal they first announced in late 2015, the two companies’ separate shares ceased trading in New York Thursday […] Read more