The Seed Treatment Technology Laboratory of the production complex of the international agricultural research company Corteva Agriscience has passed international round tests to determine the dust content of treated seeds (Heubach test) and received a certificate of high quality of seed protection products and seed safety for consumers and the environment, the company’s press service reports.
“Corteva Agriscience’s seed treatment allows farmers to effectively protect their crops during germination and plant formation. This is a full-fledged comprehensive protection against the risks associated with soil pests and diseases, seed diseases, as well as pests and nematodes that affect plants in the early stages of crop development, when the disease can lead to complete loss of crops,” said Stepan Derkach, Category Marketing Manager for Corteva Agriscience Seed Treatment Technologies in Ukraine.
Opened at the end of 2021, Corteva’s Seed Treatment Technology Laboratory checks the quality of application of protection products on all seeds of premium genetics of the Pioneer® brand, which the company’s seed production complex produces for farmers in Ukraine, Europe and Central Asia.
The Heubach test is a laboratory test that assesses how much dust is generated during mechanical impact, such as during transportation or sowing of seeds. Excessive dust can not only affect the quality of seeds during cultivation, but also pose risks to human health and the environment in case of poor application of treatment products.
Corteva Agriculture is a global agricultural company. It offers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio. The company’s representative office in Ukraine includes the headquarters in Kyiv, a research center in Liubartsi village (Kyiv region) and a seed production complex in Stasi village (Poltava region).
In April 2022, the company decided to leave the Russian market due to the full-scale war against Ukraine unleashed by Russia.
The sown areas in the season-2024 remained at the level of the previous year, but there is a redistribution of crops: the area under grains decreased by 6% and increased under oilseeds – sunflower by 2%, soybeans by 11%, according to the international research agricultural company Corteva Agriscience in Ukraine.
The reduction in the area under grain crops is due to lower prices for finished products and, accordingly, low profitability of cultivation, said Oleksandra Belash, head of the company’s marketing department, at a meeting of the Media Club in Kyiv on Wednesday. On the contrary, the area under oilseeds has increased due to the rise in prices for finished products.
Corteva Agriscience, in particular, predicts an expansion of winter rapeseed areas for the 2025 harvest.
In 2024-2025, Corteva’s corn seed range will include 44 hybrids in all maturity groups, and sunflower – 31 hybrids for different growing technologies.
The company also announced the launch of new crop protection products and the expansion of its biological portfolio to help customers increase their farming efficiency.
In the second quarter of 2024, Corteva Agriscience, an international agricultural research company, increased organic sales of Pioneer® corn and sunflower seeds by 20% and 9% year-on-year, said Oleksandr Dmytriyev, Head of Business at Corteva Agriscience in Ukraine, at a media club meeting in Kyiv.
According to him, organic sales of plant protection products in the second quarter of 2024 increased by 71% compared to the same period last year. At the same time, Corteva’s global organic sales and operating EBITDA increased by 2% to $6.2 billion and by 8% to $1.9 billion in Q2 2024 compared to the same period last year.
“Corteva works side by side with farmers, understands the difficult situation they have faced during the war, and is constantly looking for opportunities to support them in difficult times of war and help ensure the economy of Ukraine and food security of the world. During the 2023/2024 season, Corteva partnered with programs from the Howard G. Buffett Foundation and the Food and Agriculture Organization of the United Nations (FAO) to help farmers through the fall and spring planting campaigns. Together with financial institutions, we offer tools that provide special lending or subsidy terms, giving access to resources that are key to maintaining business profitability, and we are actively working with producers in the frontline areas of Sumy, Zaporizhzhia, Donetsk, Kherson, and other regions,” Dmitriev said.
Corteva Agriculture is a global agricultural company. It offers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio.
The company’s presence in Ukraine includes the headquarters in Kyiv, a research center in Liubartsi village (Kyiv region) and a seed production complex in Stasi village (Poltava region).
In April 2022, the company decided to leave the Russian market due to the full-scale war against Ukraine unleashed by Russia.
Corteva Agriscience, an international agricultural research company, has provided soybean and sunflower seeds to Ukrainian farmers from eastern and southern Ukraine for the spring sowing campaign under a program of the Food and Agriculture Organization of the United Nations (FAO), the company’s press service reports.
According to the report, under this program, small and medium-sized farms and agricultural producers in the frontline regions with land area of 10 to 500 hectares were eligible to apply for free seeds. FAO provided farmers from eastern and southern Ukraine with Corteva’s Pioneer® sunflower hybrids for sowing on 6,000 hectares.
“Working side by side with farmers, we see the extraordinary efforts they are making to continue sowing fields and contributing to the world’s food security during the third year of full-scale war. Therefore, it was an honor for Corteva to participate in the FAO project and supply farmers with Pioneer® sunflower seeds,” said Oleksandra Bilash, Head of Marketing at Corteva Agriscience in Ukraine.
The project of Corteva Agriscience and FAO was implemented jointly with the Ministry of Agrarian Policy and Food of Ukraine with the financial support of the governments of Japan, Norway and Belgium.
Corteva recalled that in 2023, as part of a partnership program with the Howard G. Buffett Foundation, the company donated about 8 thousand sowing units of winter rape and 45 thousand sowing units of Pioneer® corn and sunflower seeds to small Ukrainian farmers from the affected areas.
Corteva Agriculture is a global agricultural company. It offers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio.
The company’s presence in Ukraine includes the headquarters in Kyiv, a research center in Liubartsi village (Kyiv region) and a seed production complex in Stasi village (Poltava region).
In April 2022, the company decided to leave the Russian market due to the full-scale war against Ukraine unleashed by Russia.
International agricultural research company Corteva Agriscience and state-owned Oschadbank (Kyiv) are expanding their partnership lending program to Ukrainian agricultural producers to enable them to purchase the company’s crop protection products on favorable terms, the company’s press service said.
According to the press release, under the terms of this lending program, farmers can purchase sunflower, corn and winter rape seeds of premium genetics of the Pioneer® brand at reduced rates.
Farmers wishing to purchase Corteva plant protection products in the amount of UAH 200 thousand or more can take out a loan with an interest rate of 0.01% per annum in UAH, depending on the repayment schedule, loan term and availability of collateral. There is no loan disbursement fee. The maximum loan term is 12 months. To apply, farmers should contact Corteva representatives in their region.
Borrowers under this program will provide Oschadbank with a simplified list of documents and can expect priority consideration of their application, as well as a shorter time for making a loan decision.
“Launched in February, Corteva’s program of lending at reduced rates for the purchase of Pioneer seeds in partnership with Oschadbank was well received by farmers, so we are pleased to welcome the willingness of our partners to expand the program to give farmers better access to Corteva’s advanced crop protection products,” explained Elena Dunina, Financial Head of Corteva Agriculture in Ukraine, Central Asia and the Caucasus.
“The agricultural sector suffered significant losses during the war. The State Bank considers it its mission to support agrarians and provide them with the most extensive package of opportunities. (…) Thanks to the simple and flexible terms of the Corteva partnership program, agricultural producers can get a loan at reduced rates, replenish working capital and optimize costs,” said Natalia Butkova-Vitvitska, Oschadbank Board Member in charge of micro, small and medium-sized businesses.
Corteva Agriculture is a global agricultural company. It offers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio.
The company’s presence in Ukraine includes the headquarters in Kyiv, a research center in Liubartsi village (Kyiv region) and a seed production complex in Stasi village (Poltava region).
In April 2022, the company decided to leave the Russian market due to the full-scale war against Ukraine waged by Russia.
According to the National Bank of Ukraine (NBU), as of February 1 this year, Oschadbank ranked second in terms of total assets (UAH 369.56 billion) among 63 banks operating in the country.
agricultural producer, CORTEVA AGRISCIENCE, LENDING, OSCHADBANK
Corteva Agriscience, an international agricultural research company, increased organic sales of sunflower seeds and winter rapeseed by 30% and 80%, respectively, in 2023 compared to 2022, its press service reports.
According to the press release, despite the reduction of corn acreage in Ukraine due to the military actions, Corteva increased its presence in the farms that continued to grow this legume.
The company’s sales growth was driven by an effective direct model of cooperation with farmers, an extensive network of sales agents and representatives, and comprehensive agronomic support for farmers throughout Ukraine. In addition, Corteva has partnered with the Howard G. Buffett Foundation to provide additional rapeseed, corn and sunflower seeds for planting to small Ukrainian farmers in the affected areas, the company said.
Corteva also reported that, despite the overall decline in the crop protection market in Ukraine, the company’s organic sales in 2023 increased by 13% compared to last year. At the same time, the demand for Corteva insecticides doubled compared to 2022.
“Such results reflect the company’s focus on providing farmers with the latest and most advanced products to increase agricultural productivity in Ukraine, as declared in the joint declaration between Corteva Agriculture and the Ministry of Agrarian Policy and Food of Ukraine on deepening and further developing cooperation for food security in Ukraine and the world,” the statement said.
“Almost two years after the start of the full-scale war, we at Corteva have been working side by side with Ukrainian farmers to help them meet the new challenges they face. We have transformed the company’s work in accordance with the current conditions and learned to work in marathon mode. Farmers consider us to be their reliable partners, which is evidenced by the fact that the number of customers remains unchanged despite the overall market contraction. Our team is doing everything possible, demonstrating extraordinary dynamics in 2024,” said Oleksandr Dmytriyev, Corteva Agriscience’s business manager in Ukraine.
As reported, the world’s leading agrochemical company’s operating EBITDA in 2023 increased by 5% year-on-year, while operating profit per share increased by 1% over the same period.
Corteva Agriscience forecasts that in 2024 its net sales will be in the range of $17.4-17.7 billion and operating EBITDA in the range of $3.5-3.7 billion.
Corteva Agriculture is a global agricultural company. It offers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio.
The company’s presence in Ukraine includes the headquarters in Kyiv, a research center in Liubarky (Kyiv region) and a seed production complex in Stasi (Poltava region).
In April 2022, the company decided to leave the Russian market due to the full-scale war against Ukraine unleashed by Russia.
