AgribusinessCorteva expects biological products to take up to a third of the world crop protection market within a decade, and is using Brazil, where 65% of growers already use them, to develop and export them.
Corteva relaunches focused on crop protection and Vylor becomes a separate seed and genetics company; Vylor shares closed their first day at $67.74, up 2.64 percent.
AgribusinessCorteva will dismantle its pesticide loyalty programme and pay $35 million to 12 states under a settlement with the Federal Trade Commission, which says the change should lower pesticide prices; the case against Syngenta continues.
AgribusinessCorteva, BASF, Bayer and Syngenta are separating seed, trait and crop-protection businesses a decade after the megamergers, reshaping how farmers buy inputs.
AgribusinessPine Creek Seed Farm revives the Doebler name for 2027, Corteva folds its regional brands into Hoegemeyer, and GDM merges LG Seeds into AgriGold and Mustang, changing what US growers will find on seed lists.
AgrotechThe Xpedite system raised yield potential by 10% in trials and up to 20% in water-stressed conditions; Hard Red Winter comes first, Soft Red Winter in 2029 and Hard Red Spring in 2030.
CropsThe seed business being separated from Corteva says its Xpedite hybrid system works across all wheat germplasm tested and starts with hard red winter wheat.
Two weeks before its 1 October separation from Corteva, the seed company says its proprietary, non-GMO hybridisation system works in every wheat line tested, lifts yield potential about 10% and holds up better in drought; Hard Red Winter comes first, with $500 million of wheat revenue targeted by 20
Led by California, the states, Puerto Rico and Washington DC seek a restraining order in South Carolina against the 1 October separation into seed company Vylor and New Corteva; Corteva calls the claims speculative and says it has never made or sold PFOA or PFOS.
Crispr-edited soya plants at Corteva's Warwickshire trial site set pods weeks ahead of the late-maturing US lines they were bred from, an advance the company says could give Britain a home-grown protein break crop, if early maturity can be combined with yield and if precision-breeding rules allow i
