Corteva Archives - Page 3 of 6

Corteva third-quarter loss narrows on demand for agricultural products

By GFM Network News November 4, 2022

Reuters – Agricultural chemical and seed company Corteva Inc CTVA.N on Thursday posted a smaller-than-expected third-quarter adjusted loss as farmers looked to maximize yields at a time of low global grain supplies. Operating loss was 12 cents per share in the July-September quarter, from 14 cents per share a year earlier. Analysts on average had expected […] Read more

Crops, Reuters

U.S. trade commission sues pesticide makers, alleging price scheme

By GFM Network News September 29, 2022

Washington | Reuters — The U.S. Federal Trade Commission on Thursday sued two top pesticide manufacturers for allegedly entering into exclusive contracts with distributors that kept prices paid by farmers artificially high. The consumer watchdog agency was motivated to bring the case in part because rising costs and supply chain disruptions from Russia’s invasion of […] Read more

Crops, Reuters

Corteva to exit some markets, cut jobs in cost-saving push

Canada remains among company's 'core' markets

By GFM Network News September 16, 2022

Reuters — Seeds and pesticides company Corteva on Tuesday announced plans to exit about 35 countries and lay off roughly five per cent of its global workforce as part of the company’s cost-cutting plans. A surge in inflation this year to four-decade highs has forced Corporate America to slash planned spending and roll out measures […] Read more

Reuters

Corteva raises forecast as demand for seeds, crop protection products booms

By GFM Network News August 5, 2022

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

Farmers won’t see the clubroot spores, they won’t know when it’s going to enter their fields or how. However, planting clubroot-resistant varieties offers some protection from clubroot developing in farmers’ fields.

Canola, Crops, Features

Clubroot is everyone’s problem and responsibility

Plant clubroot-resistant varieties even if you don’t have clubroot in your fields

By Madeleine Baerg June 29, 2022

Clubroot was first discovered on canola in Alberta in 2003. Since then, it has spread across the Prairies, affecting many fields in Alberta and staking claim in Saskatchewan and Manitoba too. If you haven’t yet found clubroot in your fields, count yourself lucky — but also actively practice clubroot prevention on your farm. “Prevention is […] Read more

Crops, Markets, Reuters

Corteva CEO bullish on grain, oilseed prices for 2022

By GFM Network News February 4, 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

File photo of emerging durum south of Griffin, Sask. on May 31, 2019. (Leeann Minogue photo)

Crops, Weather

BASF warns on seeding choices for drought-hit imi-treated fields

Steer clear of non-Clearfield canola, durum, canary seed in rotations, company says

By Dave Bedard, GFM Network News September 22, 2021

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

File photo of a canola crop south of Ethelton, Sask. in 2019. (Dave Bedard photo)

Canola, Crops, Weather

Nexera canola seed to come with heat blast insurance

Corteva's 'Heat Advantage' provides coverage on seed purchased by Oct. 29

By Allan Dawson, GFM Network News September 2, 2021

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

Markets, Reuters

Corteva launches Brazil biotech soy, tackles Bayer head-on

By GFM Network News August 10, 2021

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

Reuters

Corteva lifts sales forecast on strong demand for crop protection products, seeds

By GFM Network News August 6, 2021

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

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News