Corteva, Inc. is a company in the agriculture industry that has two business segments: Seed and Crop Protection. The Seed segment is responsible for developing and supplying advanced germplasm and traits to help farmers achieve optimal yield on their farms. This segment offers trait technologies that improve resistance to weather, disease, insects, and herbicides, as well as enhance food and nutritional characteristics. Additionally, the Seed segment provides digital solutions that aid farmer decision-making to optimize product selection, yield, and profitability. The Crop Protection segment offers products that protect against weeds, insects, pests, and diseases while also promoting crop health through nitrogen management and seed-applied technologies. The segment’s offerings include herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. Corteva, Inc. serves the agricultural input industry.
as of February 19, 2023
Corteva, Inc. was formed as a result of a spin-off from the merger between The Dow Chemical Company and DuPont. As part of the merger agreement, it was decided that the combined company would eventually be split into three separate companies, with one of them being focused on agriculture. Corteva, Inc. is now one of the world’s leading agricultural companies and since going public, the company has done marginally well. The real issue is converting retained earnings to book value growth, which has only been accomplished through share buybacks it seems. Long-term, Corteva may be dead weight until management can figure it out.