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The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York. Photo: Reuters/Brendan McDermid
Crops

Investor nominates directors for Corteva, aims to oust CEO

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Reuters — Activist investor Starboard Value LP said on Thursday it has nominated eight directors to the board of Corteva, seeking to oust its chief executive officer and take control of the pesticide and seed maker. Starboard, in its letter to Corteva’s chairman, said it had identified someone new for the top job, but declined
Optimum GLY canola getting closer to market
Crops, News

Optimum GLY canola getting closer to market

Corteva’s new canola trait will allow farmers to apply higher doses of glyphosate along with a longer application period

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CROPS Corteva’s new canola trait will allow farmers to apply higher doses of glyphosate along with a longer application period

Corteva expects to commercialize its new Optimum GLY canola by 2022, giving western Canadian farmers more options and flexibility to control hard-to-kill weeds. Optimum GLY canola can tolerate higher doses of the non-selective herbicide glyphosate applied longer into the growing season, Kerry Freeman, Corteva’s canola category leader, said in an interview. “It’s going to allow
(File photo by Lisa Guenther)
Crops, Markets

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
Firefighters training for a grain rescue. (Casa-acsa.ca)
Crops, Other

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
(Photo illustration: Reuters/Dado Ruvic)
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
(File photo by Dave Bedard)
Crops

Nutrien cuts 2020 forecast as corn demand, potash prices hit

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Reuters — Fertilizer maker Nutrien said Wednesday it has seen limited impact from the COVID-19 outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices are hard-pressed outside North America. Biofuel producers have been hit by plummeting demand for gasoline and jet fuel after severe global travel restrictions were imposed
(File photo by Dave Bedard)
Crops

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
Charles Baron and partners brought FBN to Canada in 2017, buying Saskatchewan-based Yorkton Distributors. (FBN video screengrab via YouTube)
Crops

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
Crops, Other

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
Mosquito control would be one of the few uses still allowed for chlorpyrifos under a proposal from Health Canada’s PMRA. (Tskstock/iStock/Getty Images)
Crops

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

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