Topic: How To Invest

Power Growth Investor Hotline – Friday, July 21, 2023

Article Excerpt

CORTEVA INC., $56.35, is a buy. The company (symbol CTVA on New York) is a leading developer of new seeds and crop chemicals, including herbicides and insecticides, for the agriculture industry. Corteva separated from DowDuPont in June 2019. Corteva and Bioceres Crop Solutions Corp. (symbol BIOX on Nasdaq) have entered into an agreement to advance the availability of biological pest solutions in Europe. Under the agreement, Corteva and Bioceres will work jointly to accelerate the regulatory processes required to bring a bioinsecticide developed by Bioceres’ Pro Farm business to the European market. The partners will market the product as a biological insecticide that can be as effective as conventional insecticides and is a good fit for mainstream agriculture, Target crops include corn and other cereals, as well as sunflower and canola. Once registrations are secured, Corteva will be the exclusive distributor in Europe. In addition, Corteva will continue to commercialize Pro Farm’s Lumidapt, a growth nutrition seed treatment for crops. Demand for effective solutions with an improved…