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HomePosts Tagged "Corteva"
Agbiologicals, Agribusiness, Funding, Herbicides

Broadway Ultra builds on the success of Broadway® Star which has been a mainstay of early-season weed control for 14 years

Wheat and triticale growers in the UK and Ireland will have a new herbicide at their disposal next spring to tackle a wide range of broad-leaved and grass weeds.

Broadway Ultra builds on the success of Broadway® Star which has been a mainstay of early-season weed control for 14 years.

Corteva Agriscience has now combined pyroxsulam and mesosulfuron-methyl in the new Broadway Ultra formulation, offering arable farmers the ability to control an extensive spectrum of weeds in a single pass.

″Broadway Star has a well-earned reputation as reliable, proven chemistry but with our new Broadway Ultra product the addition of mesosulfuron-methyl brings meadow grass control into farmers’ hands too,″ said Alister McRobbie, Cereal Herbicides Category Manager.

″We see this as a significant evolution. We now have two of the most effective post-emergence active ingredients in a single formulation and this should be something of real value to growers at the start of spring herbicide campaigns.″

Corteva expects growers with traditional rotations and on lighter land where meadow grass and broad-leaved weeds are the key issue to benefit the most from this new innovation.

Broadway Ultra’s label weeds also include brome, ryegrass, tame oats, wild oats and loose silky bent as well as difficult broad-leaved weeds such as cleavers, speedwells, mayweed, charlock, bur chervil and volunteer oilseed rape.

Trials conducted by Corteva demonstrate the same level of control of rygrass, meadow brome and annual meadow brome as mesosulfuron- and iodosulfuron-containing herbicides.

Alister added that the same ″act early″ principles around application timing should be followed.

″Getting on top of key problem weeds early is as important as it ever was, and the challenging autumns we have had in recent years often shifts the pressure for weed control to the spring,″ he said.

″Broadway Ultra can be applied from 1 January right the way through to the middle of May, but can not be used in the autumn. It can be safely tank mixed with – or followed by – Zypar® and has a broad range of ALS joint applications on the label, including combinations with Corteva ALS herbicides and those of other manufacturers.″

The wettable granule should be applied with an adjuvant at a rate of 100g per hectare and comes in a 500g pack.

A 5m reducible buffer zone applies.

Alister said: ″We are really pleased to be able to bring this product to the market in the spring and will have good availability of the product for growers who want to experience the new formulation on their farms.″

Broadway Ultra builds on the success of

Agribusiness, Environment, Investments, Sustainability

In the EU a SAF mandate begins in 2025 that will require fuel uplift at EU airports to contain at least 20 per cent SAF by 2035 and 70 per cent by 2050

Corteva Inc. announced a collaboration with bp on the companies’ shared intent to form a crop-based biofuel feedstock joint venture (JV).

The JV envisaged by Corteva and bp would produce and deliver crop-based biofuel feedstocks to help meet the anticipated growth in demand for ‘sustainable aviation fuel’ (SAF).

A number of countries around the world have, or are in the process of implementing, mandates or tax incentives to promote the decarbonization of the aviation sector. In the EU a SAF mandate begins in 2025 that will require fuel uplift at EU airports to contain at least 20 per cent SAF by 2035 and 70 per cent by 2050.

To help meet this demand, Corteva and bp have executed a non-binding memorandum of understanding, with the intent of forming a JV that would aim to progressively scale up volume, reaching delivery of one million metric tons per year of biofuel feedstocks for SAF production by the mid-2030s.

Corteva plans to contract with farmers in North and South America, and Europe, to grow proprietary Corteva mustard seed, sunflower and canola feedstocks well-suited for SAF production. These crops are integral to large scale agriculture around the world. The JV would aim to introduce new cropping systems to produce oil that meets EU RED III criteria, and qualifies for US Low Carbon Intensity policy incentives, while creating a new revenue stream for farmers.

“This partnership is proof positive that agriculture can continue to be part of the solution to the world’s decarbonization opportunities, including by leveraging Corteva’s technology, global scale, and unique grower relationships. We are excited at the prospect of partnering with bp to help the European airline industry become more sustainable while giving farmers a new source of income,” said Corteva Chief Strategy Officer, Brook Cunningham.

“We see great potential in a partnership with Corteva – together, we are well positioned to deliver value through leveraging Corteva’s technology and grower relationships and bp’s refining and trading capabilities,” said Emma Delaney, executive vice president, customers & products, bp.

The two companies anticipate finalising definitive agreements in 2025 with the target operational date for the JV later in the year.

In the EU a SAF mandate begins

Company News, Fungicides, World

UPL to acquire Corteva Agriscience’s global mancozeb fungicide business outside of China, Japan, South Korea and EU member countries

UPL Ltd. the global provider of sustainable agricultural solutions, announces the planned acquisition of Corteva Agriscience’s solo mancozeb global fungicide business outside of China, Japan, South Korea, and EU member countries.

The acquisition will give UPL ownership of Dithane, the original global mancozeb brand which has provided farmers with a reliable disease management solution, as well as access to Rainshield technology which enables crop protection in wet weather conditions.

Mancozeb is a highly effective protective fungicide used to prevent plant diseases across a range of crops, including rice, soybean, wheat, onions, potatoes, and other vegetables and fruits. Across the crop protection industry, mancozeb is also an increasingly important tool in managing fungicide resistance. UPL, the market leader in this technology, was instrumental in introducing mancozeb for soybean production in 2014, where it proved effective in controlling fungal diseases and boosting growth and yield.

Christina Coen, Chief Marketing Officer of UPL Corporation Ltd. said: “This acquisition is a meaningful milestone for UPL and for farmers, it strengthens our portfolio of solutions and leadership in the multisite fungicide market. We are committed to expanding our offering for plant disease management, and supporting farmers globally to achieve sustainable crop yields and enhanced food security outcomes.”

The acquisition is limited to Corteva’s solo formulations of mancozeb, with Corteva retaining ownership of premix formulations. The transaction is subject to customary approvals and is expected to conclude Q1 of FY24-25. This acquisition includes all data, registrations, trademarks for Corteva’s solo mancozeb products, and a license to the Rainshield technology but excludes manufacturing and formulation facilities.

UPL to acquire Corteva Agriscience's global mancozeb

Agrotech, Company News, World

Reklemel active was discovered and developed by Corteva and is the result of more than a decade of research and investment

Plant-parasitic nematodes are microscopic organisms found in soil that feed on the roots of plants. Because they are notoriously difficult for farmers to identify and control, plant-parasitic nematodes represent a significant constraint to the delivery of global food security, causing damage estimated at or exceeding $80 billion per year.

To address this significant, global challenge, Corteva has launched Reklemel active, a new nematicide to help protect a wide variety of food and row crops from plant-parasitic nematode damage without disrupting the healthy balance of beneficial organisms in the soil. Reklemel active was discovered and developed by Corteva and is the result of more than a decade of research and investment.

“The future of global farming – and our ability to feed a growing population – rests on innovation. Reklemel demonstrates how Corteva deploys innovation to help farmers meet critical challenges to feed the world,” said Robert King, Executive Vice President, of Crop Protection Business, Corteva Agriscience.

Reklemel received a Reduced Risk designation from the U.S. Environmental Protection Agency (EPA) due to the product’s ability to selectively target plant-parasitic nematodes, its lower use rates than older nematicides, and its highly favourable environmental and toxicological profile as compared to alternatives. Reklemel is one of the first new active ingredients to be registered under EPA’s updated policy incorporating Endangered Species Act assessments into the pesticide registration process.

Reklemel also received the National Association of Manufacturers’ Sustainability and the Circular Economy Award in recognition that it, through lower use rates, enables the potential to avoid more than 500M Kg of CO2 – equivalent emissions over the next five years.2

Salibro nematicide with Reklemel active will be available in the United States, India and Mexico beginning in late 2023, and is currently available for sale in Canada and Australia. Additional registrations are planned globally, including in the European Union, subject to regulatory approvals.

Reklemel is the latest advance brought to market by Corteva to help farmers increase yields, meet climate and other challenges, and ultimately strengthen global food security. Corteva invests nearly $4 million every single day in research and development. In 2022, the company launched more than 180 new crop protection products globally and advanced nine new active ingredients in its R&D pipeline.

Reklemel active was discovered and developed by

Company News, Finance, World

This is Corteva’s third dividend increase since its 2019 spin-off and a result of the Company’s firm focus on driving margin expansion

Corteva announced Board of Directors has authorised a common stock dividend of $0.16 cents per share, representing an annualised increase of approximately 7 per cent over the Company’s previous quarterly dividend and payable September 15, 2023, to the Company’s shareholders of record on September 1, 2023. This is Corteva’s third dividend increase since its 2019 spin-off and a result of the Company’s firm focus on driving margin expansion and sustainable long-term growth through industry-leading innovation, high-touch customer engagement, together with disciplined operational execution. This announcement reflects the Company’s continued focus on returning capital to shareholders.

This is Corteva’s third dividend increase since

Agro chems – Chemicals, Agrotech, Company News, World

Corteva to receive exclusive rights to further develop and commercialise Lavie Bio’s lead product candidates for fruit rot and powdery mildew fungicide biologicals

Lavie Bio Ltd., a subsidiary of Evogene Ltd. and a leading ag-biologicals company that develops microbiome-based, computational-driven bio-stimulant and bio-pesticide novel products, announced a licensing agreement with Corteva, a leading ag innovation company. The agreement grants Corteva exclusive rights to further develop and commercialise the lead bio-fungicide product candidates targeting fruit rots and powdery mildew, which were discovered and developed by Lavie Bio. The agreement comes after two years of independent field validation conducted by both companies.

Fruit rots and powdery mildew, two destructive diseases affecting vineyards, fruits, and vegetables, have resulted in annual losses estimated at billions of dollars globally. Fruit rot pathogens, such as Botrytis, can cause damage upon contact with infected plant material. Meanwhile, powdery mildew spreads swiftly between plants via wind-dispersed spores.

The agreement is part of Lavie Bio’s strategy to cooperate with the world’s leading companies to allow the products it develops to reach farmers worldwide and Corteva, with its proven agbiological capabilities, can leverage Lavie Bio’s product candidates toward commercial success. This collaboration demonstrates both companies’ commitment to providing farmers with environmentally friendly, sustainable tools with proven effectiveness.

“Our licensing agreement solidifies the collaboration between both companies, leveraging Corteva’s impressive scale-up capabilities and market leadership, in conjunction with Lavie Bio’s distinctive discovery expertise powered by Evogene’s MicroBoost AI tech-engine and comprehensive product development capabilities,” said Amit Noam, CEO of Lavie Bio. “This agreement not only highlights Lavie Bio’s technological capabilities but also enables us to swiftly introduce groundbreaking ag-biological solutions that benefit farmers, consumers, and the environment.”

“When you have a world-class R&D program, as we do at Corteva Agriscience, it allows you to move fast and bring on new opportunities that will help farmers meet the demands of an ever-changing food system,” said Sam Eathington, Executive Vice President, Chief Technology and Digital Officer, Corteva Agriscience. “This agreement gives us yet another avenue to provide better solutions to farmers now, and in the future.”

Corteva to receive exclusive rights to further

Oilseeds, Seeds, Sustainability, World

Owners of small farms in the regions affected by Russian aggression can count on donations of seed supply

In May 2023, the Howard G. Buffett Foundation launched a program to provide winter oilseed rape to small Ukrainian farms in the regions most affected by Russia’s full-scale invasion. The program’s partner in Ukraine is the international R&D agricultural company Corteva Agriscience, which provides access to advanced genetics of Pioneer seeds.

According to the eleventh annual Global Food Security Index (GFSI) report that assesses the state of the food systems in 113 countries and is developed by Economist Impact and was supported by Corteva Agriscience, the war has significantly affected global food security. The Howard G. Buffett Foundation and Corteva Agriscience focus their efforts on addressing this global problem, including supporting Ukrainian farmers with seeds in extremely resource-constrained field conditions.

Farmers located in certain regions affected by Russia’s invasion and whose cultivated area is less than 200 hectares under winter oilseeds rape can participate in the program. Farmers who order at least 5 units of Pioneer seed will be eligible to receive an equal number of additional Pioneer seed units for a symbolic price of 1 UAH without VAT. To apply for participation, farmers should contact the Corteva Agriscience sales representative in their region.

Howard G. Buffett, the Foundation’s Chairman and CEO, said, “Ukraine plays a critical role in the world’s food supply, but Russia’s invasion has left many Ukrainian farmers, and particularly those with smaller farms, unable to access the inputs they need to plant their crops. We are pleased to partner with Corteva Agriscience to help farmers access this much-needed seed supply and in return, help mitigate the current global food security crisis exacerbated by Russia’s war on Ukraine.”

“Corteva Agriscience has been working side by side with Ukrainian farmers for many years, knows the challenges they face, and works to assist them in overcoming those challenges. The company remains in support of Ukraine and provides comprehensive assistance to communities so they can fully restore their farming operations. That is why we welcome the initiative of the Howard G. Buffett Foundation and consider it an honour to participate in this program to provide farmers with our advanced seed of Pioneer brand,” says Sergii Kharin, Business Leader at Corteva Agriscience in Eastern Europe.

Owners of small farms in the regions

Company News, Interaction, World

Remarks will be webcast live

Corteva, Inc announces that Chuck Magro, Chief Executive Officer, will speak at the Bank of America Securities 2023 Global Agriculture & Materials Conference at 8:50 a.m. Eastern Time on Wednesday, March 1, 2023.

Remarks will be webcast live. Registration for the webcast can be accessed through the Corteva Investor Relations website. A replay of the presentation will be available 24 hours after the presentation ends and will be accessible until June 2, 2023.

Remarks will be webcast liveCorteva, Inc announces

Country

Corteva, Inc. and Symborg have announced that Corteva has signed a definitive agreement to acquire Symborg, an expert in microbiological technologies based in Murcia, Spain. Symborg possesses a diversified existing portfolio, an emerging biocontrol pipeline, and a skilled employee base with robust technical knowledge and demand generation expertise.  

“Acquiring Symborg is a significant next step in Corteva’s strategy to accelerate the development of a best-in-class biologicals portfolio, as a valuable part of our integrated solutions we offer to our customers,” said Robert King, Executive Vice President, Crop Protection Business Unit, Corteva Agriscience. “Over the past three years, Corteva has established licensing and distribution agreements with the top biological companies, which we selected after evaluating technologies and demonstrating customer acceptance. This acquisition shows Corteva’s progression towards further establishing itself as a technology leader in this rapid growth segment.”

Corteva first collaborated with Symborg to scale up and bring farmers Utrisha™ N and BlueN™ nutrient efficiency optimiser as part of a distribution agreement between the two companies. The natural-origin biostimulant enables plants to fix nitrogen from the air and make it available to the plant, providing an alternative, supplemental nitrogen source and potentially reducing greenhouse gas emissions from fertiliser use.

“Supporting farmers worldwide with our cutting-edge biobased solutions has always been the Symborg motto,” said Jesús Juárez, founding partner and CEO at Symborg. “That spirit together with a highly skilled team, led us to become a key player towards sustainable agriculture. The integration with Corteva is an opportunity to reinforce our impact in the field helping farmers facing current and future challenges. And beyond, it is an opportunity to become the answer to safe and sustainable food that society is demanding. Symborg and Corteva share values and market vision, becoming the perfect match to design the future of agriculture.”

Closing of the acquisition is subject to customary conditions. Following the close, Symborg locations in Murcia, Spain and subsidiaries in the United States, Mexico, Peru, Chile, Brazil, France, Turkey, China and Australia will become key elements of Corteva’s Biologicals Portfolio. Financial terms and conditions of the agreement were not disclosed.

Corteva, Inc. and Symborg have announced that

Agri Genomics, Company News

As part of this agreement, Corteva and MS Technologies have licensed the Enlist E3 soybean trait to BASF for development with the NRS trait in BASF germplasm

Corteva Agriscience, BASF and MS Technologies recently announced that they have entered into a mutually beneficial trait licensing agreement to develop next-generation Enlist E3 soybeans with the nematode resistant soybean (NRS) trait for farmers in the United States and Canada.

As part of this agreement, Corteva and MS Technologies have licensed the Enlist E3 soybean trait to BASF for development with the NRS trait in BASF germplasm. BASF has licensed its NRS trait to Corteva and MS Technologies for use in Enlist E3 soybeans. The three companies anticipate commercialisation of Enlist E3 soybean varieties containing the NRS trait in the late 2020s, pending applicable regulatory reviews and completion of field testing.

The new NRS trait is expected to provide unprecedented protection against nematode pests in soybeans, including soybean cyst nematode (SCN).

“Our nematode resistant soybean trait will be the first commercially available biotechnology trait developed to control nematodes,” said Linda Trolinder, Senior Vice President of BASF Seeds and Traits R&D. “BASF is in its 5th year of advanced field testing the NRS trait in the US and in our trials, it has demonstrated an average 8 per cent yield benefit above today’s SCN-resistant varieties.”

The Enlist weed control system is an industry-leading system for soybeans, corn and cotton. Enlist E3 soybeans are tolerant to 2,4-D choline, glyphosate and glufosinate herbicides, giving farmers additional options to manage resistant and hard-to-control weeds.

As part of this agreement, Corteva and

North America, People

Boeck has been a key part of the Syngenta Seeds business that has completed a significant turnaround and return to profitability

Syngenta has recently announced the appointment of Eric Boeck as Regional Director, North America Seeds, responsible for leading the field crops strategy for the region.

Boeck most recently served as the Head of Marketing for Syngenta Seeds in North America. Joining the company in 2018, he brought more than 20 years of agribusiness experience to Syngenta from past roles in sales, marketing and digital agriculture at DuPont Pioneer/Corteva Agriscience. Boeck has been a key part of the Syngenta Seeds business that has completed a significant turnaround and return to profitability. Seed advisors and agriculture retailers played a key supporting role in driving the turnaround in the US, and Boeck’s team was instrumental in working closely with these groups over the past four years.

The move is part of a series of recently announced leadership transition plans, which include Jeff Rowe, President of Syngenta Seeds, assuming leadership of Syngenta Crop Protection, and Justin Wolfe, the current Regional Director for North America Seeds, becoming the global leader for the Seeds business. These transitions will be effective July 1, 2022.

“It’s not possible to execute the type of turnaround we saw in our Seeds business without focused, committed leadership across the board, and the continuity shown by these leadership moves is further evidence of that,” said Wolfe.

Boeck has been a key part of

Dairy

Bovalta BMR hybrids help deliver new levels of performance, agronomics and profit for producers

Corteva Agriscience has announced the introduction of Bovalta BMR (brown mid rib) corn silage, its newest silage product designed to meet the highest standards for yield and milk production.

Corteva’s new Bovalta BMR hybrids provide the highest levels of fiber digestibility and increased starch content compared to non-BMR corn silage hybrids – helping farmers reduce supplemental feed costs and improve dry matter intake. Developed with Corteva’s industry-leading corn genetics and breeding programs, Bovalta BMR hybrids help deliver new levels of performance, agronomics and profit for producers.

“The launch of Bovalta BMR hybrids reflect Corteva’s commitment to serving dairy producers with the innovative products they need to effectively and efficiently feed their herds and help grow their operations,” said Judd O’Connor, President, US Commercial, Corteva Agriscience. “Drawing on Corteva’s leading R&D, these new hybrids offer a combination of outstanding genetics and agronomics from Corteva as expected from leaders in the high value corn silage market.”

New Bovalta BMR hybrids are available for the 2023 growing season.

Bovalta BMR hybrids help deliver new levels

Company News, Sustainability

This report reflects Corteva’s continued transparency across the company’s environmental, social and governance (ESG) efforts

Corteva, Inc has released its 2021 Sustainability and ESG Report, providing an update on the company’s progress on its commitment to deliver science-based solutions for addressing the world’s most pressing environmental, economic and social challenges.

This report reflects Corteva’s continued transparency across the company’s environmental, social and governance (ESG) efforts. The 2021 report reinforces the company’s focus on building an agriculture ecosystem where farmers, society and business can thrive, while underscoring Corteva’s commitment to enriching the lives of those who produce and those who consume. 

“The challenges facing society and the planet demand urgent action, and we believe agriculture plays a vital role in providing viable solutions,” said Chuck Magro, Chief Executive Officer, Corteva Agriscience. “By focusing on the areas which we believe will have the greatest impact toward achieving climate positive agriculture, we will create a more resilient and productive food system. We will rely on innovation and technology to guide our journey.”

“We support farmers around the globe with the necessary tools and innovations to produce what our food system demands while conserving resources and sustaining the land,” said Sam Eathington, Chief Technology and Digital Officer, Corteva Agriscience. “The progress in this report outlines the next phase of our sustainability work – and includes concentrated efforts in sustainable innovation, biodiversity, greenhouse gas emissions, and inclusion, diversity and equity.”

The 2021 Sustainability and ESG Report provides a global update on key social and environmental topics.

This report reflects Corteva's continued transparency across

Agro chems – Chemicals, Company News

Zorvec Encantia specifically targets late blight, a detrimental pathogen currently compromising local potato growth

Corteva Agriscience has launched Zorvec Encantia, a new fungicide that specifically targets late blight, a detrimental pathogen currently compromising local potato growth. The solution, based on Zorvec active, is the first member of a novel class of fungicides, which effectively utilises a unique biochemical mode of action, and has no cross-resistance with existing fungicides.

“Zorvec Encantia is here to change everything in terms of effectiveness, protection and productivity, and will be a great ally for South Africa’s potato producers during all stages of cultivation and in challenging climatic conditions,” says Stephan Marais, Product Manager at Corteva Agriscience. “After more than a decade of research, we have created a novel chemical with an unrivalled level of consistency and control, especially when it comes to management, allowing for lower operational costs and overall improved efficiency.”

Zorvec Encantia produces multiple effects on a pathogen’s life cycle for better efficacy and duration of control and protects leaves as they grow and expand, enhancing the protection of new foliage even if they have not been treated.

Zorvec Encantia, now available for purchase, features a favourable environmental profile and is effective on target organisms at very low use rates and has no harmful effects on beneficial species.

Zorvec Encantia specifically targets late blight, a detrimental