Pesticide manufacturers Syngenta and Corteva must face a lawsuit from the state of Arkansas accusing them of suppressing competition for pesticide sales and keeping prices artificially high, a federal judge has ruled.
Syngenta, Corteva must face Arkansas lawsuit over pesticide programs
Syngenta, Corteva must face part of U.S. farmers’ antitrust lawsuit over pesticide prices
Pesticide manufacturers Syngenta and Corteva must face parts of a class action accusing the agricultural industry giants of using a loyalty program to stymie competition with rivals and keep prices artificially high for farmers, a federal judge in North Carolina has ruled.
Seed producer Corteva forecasts steady sales growth, unveils $3 bln buyback
Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products.
Corteva reports larger-than-expected loss on low demand and pricing
U.S. agrichemicals firm Corteva reported a larger-than-expected loss on Wednesday, hurt by lower sales and prices for its products, leading the company to also cut its full-year sales outlook.
Bayer, others defeat US farmers’ chemical price-fixing lawsuit
A U.S. judge has dismissed a lawsuit accusing agriculture giants Bayer, Corteva, Syngenta and others of conspiring with wholesalers and retail outlets to fix prices for seeds and crop protection chemicals, causing farmers to pay higher prices
Herbicide approved for industrial use by drone
Canada’s Pest Management Review Agency approved Garlon XRT herbicide, the first industrial vegetation product with drone application on the label.
Corteva profit beats on higher seed prices; plans $1 bln share buyback
Depressed seed sales offset by higher price in North American and European markets and higher corn acres
Agricultural chemical and seed company Corteva beat Wall Street estimates for fourth-quarter profit on Wednesday as higher prices in its seeds business offset lower volumes and announced plans to repurchase nearly $1 billion shares in 2024.
Crop-killing weeds advance across US farmland as chemicals lose effectiveness
Losing battle with weeds adds pressures to farmers already stressed by inflation, extreme weather
Crop-killing weeds such as kochia are advancing across the U.S. northern plains and Midwest, in the latest sign that weeds are developing resistance to chemicals faster than companies including Bayer BAYGn.DE and Corteva CTVA.N can develop new ones to fight them.
DLF buys Corteva’s alfalfa seed business
Business to be 'fully transitioned' after 2024 season
International forage and turf seed firm DLF is stretching its reach in the alfalfa market with a deal for Corteva Agriscience’s assets in that business. The Danish firm announced Wednesday it had acquired Corteva’s global alfalfa germplasm and breeding program for an undisclosed sum, including its current commercial alfalfa varieties and their trademarks such as […] Read more
Corteva cuts sales forecast on weak demand for crop protection products
Net seed sales rose eight per cent from a year ago, aided by strong prices and increased corn acres
Reuters – Agricultural chemical and seed company Corteva CTVA.N cut its annual sales expectations as demand for its crop protection products showed signs of contraction. Rise in carrying cost of stock for distributors driven by higher interest rates and improved product availability have taken a toll on demand for crop protection products such as herbicide […] Read more
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