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Corteva and Globachem Form 50/50 Joint Venture to Develop New Crop Protection Solutions

Corteva (NYSE: CTVA) and Belgium-based Globachem entered into a definitive agreement to establish a 50/50 joint venture focused on developing and commercializing new crop protection products across Europe and the Americas.

The independently operated venture will combine late-pipeline and commercial-stage technologies from both companies to develop, register and market differentiated crop protection solutions. Products developed through the partnership may ultimately be commercialized independently by either or both parent companies.

The agreement expands an existing multi-year partnership between Corteva and Globachem, combining Corteva’s crop protection pipeline and discovery capabilities with Globachem’s expertise in formulation, product development and regulatory execution.

Corteva said the collaboration will also help strengthen its portfolio as it prepares for its planned separation into a standalone crop protection company.

New products developed by the venture are expected to reach the market in the early 2030s through established commercial channels. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals.
Vylor Launches Investment Platform Targeting AI, Gene Editing and Next-Generation Agricultural Technology

Vylor, the advanced seed and genetics company set to spin off from Corteva (NYSE: CTVA), has launched Vylor Edge, a new investment platform focused on accelerating innovation across global agriculture.

The platform will invest in and form strategic partnerships with startups, entrepreneurs, universities and other participants in the agricultural technology ecosystem. Vylor is scheduled to separate from Corteva on October 1, 2026.

Vylor Edge will initially target several high-growth technology areas, including gene editing and advanced breeding, protein engineering, artificial intelligence and digital technology platforms. The company also plans to explore technologies outside those areas when they can be applied to agriculture or Vylor’s broader operations.

The initiative effectively gives the soon-to-be-independent Vylor a corporate venture and strategic investment arm. Beyond providing capital, Vylor plans to offer portfolio companies access to its research and development expertise, global operations and commercial infrastructure, potentially helping early-stage agricultural technologies move from development toward commercialization.

Vylor Edge will not start from scratch. Investments and collaborations previously held within Corteva Catalyst will transition to the new platform as part of the Vylor separation. Vylor plans to continue supporting those existing partnerships while adding new investments.

The launch provides an early indication of Vylor’s technology strategy ahead of its separation from Corteva. By targeting AI, gene editing, advanced breeding and protein engineering, the company is positioning external innovation alongside its internal seed and genetics R&D capabilities, potentially expanding its access to emerging technologies without having to develop every platform internally.
Corteva Stock Slips Despite Raised Full-Year Outlook and Strong First-Half Performance

Corteva (NYSE: CTVA) shares edged 1.25% lower in premarket trading on Friday despite the agricultural technology company reporting solid first-half results, raising its full-year guidance and reaffirming plans to complete its planned business separation on October 1.

Second-quarter net sales declined 1% year over year to $6.38 billion, while organic sales slipped 2%. However, the company delivered stronger profitability, with operating EBITDA rising 4% to $2.26 billion and adjusted operating EPS increasing 5% to $2.30, supported by margin expansion and disciplined cost management.

## Seed Business Continues to Drive Growth

Corteva's Seed business remained the primary growth engine. Strong demand for next-generation seed technologies, improved pricing and higher licensing revenue helped offset lower planting volumes caused by acreage shifts and seasonal timing. Seed operating EBITDA increased 6% in the quarter, with margins improving by more than 230 basis points.

The Crop Protection segment continued to face competitive pricing pressure, particularly in Latin America, but productivity initiatives and demand for newer products supported profitability. Segment operating EBITDA increased 2% despite a decline in sales.

## Company Raises 2026 Guidance

Reflecting its strong first-half execution, Corteva increased its full-year 2026 outlook. The company now expects operating EBITDA between $4.1 billion and $4.3 billion and operating EPS of $3.60 to $3.80. Management also reiterated that the planned separation, including the Vylor spin-off, remains on track for October 1, 2026.

## What to Watch

The modest premarket decline suggests investors focused on softer second-quarter sales rather than the improved earnings outlook. Going forward, markets will monitor demand for Corteva's premium seed technologies, pricing conditions in Crop Protection, execution of the planned separation and the company's ability to deliver on its raised full-year guidance.
Corteva, Inc. (NYSE: CTVA) announced a common stock dividend of $0.18 cents per share, payable June 15, 2026, to the Company’s shareholders of record on June 1, 2026.
Corteva announced that its Board of Directors approved a quarterly common stock dividend of $0.18 per share. The dividend will be paid on March 16, 2026, to shareholders of record as of March 2, 2026.

Separately, EIDP, Inc., a wholly owned subsidiary of Corteva and formerly known as E. I. du Pont de Nemours and Company, declared regular preferred stock dividends. The company approved a dividend of $1.12½ per share on its $4.50 series preferred stock and $0.87½ per share on its $3.50 series preferred stock. Both preferred dividends are payable on April 24, 2026, to stockholders of record on April 2, 2026.

Source: Company announcement
Corteva and bp announced the launch of Etlas, a 50:50 joint venture focused on producing biofuel feedstocks from crops such as canola, mustard, and sunflower to support sustainable aviation fuel and renewable diesel production. The venture targets annual feedstock output of around one million metric tonnes by the mid-2030s, with initial supply expected in 2027, leveraging Corteva’s seed technology expertise and bp’s downstream fuel capabilities to meet rising global biofuel demand.
Corteva introduces goltrevo bioinsecticide and varpelgo active for sustainable pest control

Corteva Agriscience (NYSE: CTVA) announced two new nature-inspired insect management solutions to help farmers protect yield across major global crops. The company introduced Goltrevo, its first bioinsecticide, and Varpelgo active, a next-generation insecticide designed using natural models.

Goltrevo is a microbial-based, broad-spectrum bioinsecticide derived from the fungus *Beauveria bassiana 203* and targets sap-feeding and chewing insects such as aphids, whiteflies, stinkbugs, and corn leafhoppers. It offers improved shelf life, low resistance potential, and applicability to a wide range of crops, with commercial rollout expected in Latin America by 2027 pending approvals.

Varpelgo active, inspired by the naturally occurring Qalcova active, will provide highly effective control of chewing pests including moths, armyworms, beetles, and borers. It will also serve as a seed-applied technology for wireworm protection. With a favorable ecological profile, low use rates, and compatibility with integrated pest management programs, Varpelgo is expected to launch in Asia Pacific and Latin America in the early 2030s.

Corteva said the new products reflect its strategy to expand biological and sustainable crop protection offerings while enhancing farmer productivity and supporting global food security. Source: Corteva Agriscience press release, November 5, 2025.
Corteva, Inc. (NYSE: CTVA) today announced it will release its third quarter 2025 earnings on Tuesday, November 4, 2025, after the stock market close via press release and its website.
Corteva announced plans to split into two independent, publicly traded companies by the second half of 2026, creating “New Corteva” focused on crop protection and “SpinCo” focused on seeds, in a tax-free transaction aimed at sharpening strategic focus and unlocking shareholder value.
Corteva, Inc. (NYSE: CTVA) announced it will release its second quarter 2025 financial results after market close on Wednesday, August 6, 2025. The company will host a live webcast to discuss the results on Thursday, August 7, at 9:00 a.m. Eastern Time.