Corteva Inc (CTVA) Quote

Court rescinds EPA approval of Bayer’s dicamba herbicide—CTVA gains:

https://www.wsj.com/articles/court-vacates-epa-approval-of-bayers-dicamba-spray-11591294833 The U.S. Ninth Circuit Court of Appeals said Wednesday that the Environmental Protection Agency in 2018 failed to acknowledge or significantly understated risks posed by three herbicides, including Bayer’s XtendiMax, whose active ingredient is dicamba, when it reapproved the sprays for use on U.S. farms.

…The ruling comes as seed-and-pesticide makers vie to offer farmers a way to stop weeds resistant to glyphosate, the world’s most actively used herbicide, which is marketed under Bayer’s Roundup brand and other names. It is a boost to rival Corteva Inc., which is working to hasten the rollout of its own new seed and herbicide spray combination, called Enlist, which doesn’t use dicamba.

looking good & Thanks

CTVA Chart

first spin-off

I told my dad not to sell his company shares before all this merger started happening and now they did a Divvy. Well, still have my daughter’s shares (don’t remember how many though).

I sent admin a heads up of ya missing our ticket symbol here too already.

In, 300 @25.

Again, does anyone know about possible dividends? Thanks guys-

MY OPINION ONLY!

CTVA’s own PR on spin-off from DowDupont:

https://finance.yahoo.com/news/corteva-agriscience-completes-separation-dowdupont-100000297.html

Another take, from agriculture.com:

https://www.agriculture.com/news/business/corteva-agriscience-now-stands-on-its-own

CTVA (Corteva Agriscience) begins trading:

https://www.wsj.com/articles/corteva-debut-caps-years-of-seed-company-consolidation-11559554201 The seed-and-pesticide maker, formed from the 2017 merger of Dow Chemical Co. and DuPont Co., began trading on the New York Stock Exchange on Monday as an independent entity.

…Corteva’s merger combined DuPont’s strong seeds business with Dow’s chemicals portfolio and biotechnology unit, an area where DuPont had struggled. The combined businesses have introduced 14 new products since Dow and DuPont completed their merger in 2017… (Corteva’s separation also created a new DuPont, which will also begin trading Monday on the NYSE, completing DowDuPont’s three-way split.)

… Corteva, Bayer and ChemChina together now represent about $50 billion worth of seed and pesticide sales annually. Bayer and Corteva combined make up about 60% of U.S. seed sales…

… Corteva plans to ramp up competition with Bayer this year in genetically engineered seeds. This spring Corteva began selling farmers new biotech soybean seeds, partly developed by Dow, that can survive a herbicide known as 2,4-D. Corteva markets that line of seeds, under the brand name Enlist, as an alternative to Bayer’s Xtend seeds that are engineered to survive the herbicide dicamba.