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Tag Archives Corteva

Corn, Crops, Markets, Reuters

Corteva posts weak revenue, disappointing outlook

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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
Crops, Machinery

Donation offers up more equipment for grain emergencies

Fire departments first must complete CASA training course

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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
Crops

Bayer, Corteva among companies stepping off Facebook

Major firms pledge to pause advertising for July

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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
Crops, Reuters

Farm suppliers race COVID-19 spread for planting season

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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
Crops, Reuters

Court orders big ag firms to hand over documents in antitrust probe

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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
Crops

Probe eyes possibility of ‘co-ordinated behaviour’ in Big Ag

Competition Bureau probes majors' response to FBN's Canadian launch

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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
Crops, Reuters

Corteva to stop making Lorsban

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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
Crops, Reuters

Competition Bureau probing big ag chem companies

Probe to look at firms' response to FBN's arrival in Canada

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Reuters — The Canadian Competition Bureau said on Thursday it was investigating certain agriculture companies for alleged anticompetitive practices over allegations of trying to block an online farm-supply startup from doing business in Western Canada. The regulator did not provide details on specific companies involved in the probe, but documents filed on Jan. 30 in […] Read more
Crops, Reuters, Soybeans

Corteva to accelerate Enlist E3 soybean rollout

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Chicago | Reuters — U.S. seed and crop chemical maker Corteva said Thursday it will accelerate production of its next-generation biotech soybean seeds and complementary herbicides in Canada and the U.S. over the next five years. The move heightens the competition for sales to farmers with rivals Bayer and BASF. Up to 20 per cent […] Read more

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