Corteva Agriscience, an international research and development agricultural company, increased corn seed exports by 50% in 2023 compared to the previous year, its press service reports.
According to the press release, during 2023, the company’s seed production complex in Poltava region shipped more than half a million sowing units of Pioneer® corn seeds, which was a record volume for the 10 years of Corteva’s production in Ukraine.
“Russia’s actions against Ukraine’s agricultural sector prove its outstanding role in ensuring food security in many regions of the world. Corteva considers Ukraine to be one of the largest players in the global agricultural market and in recent years has been consistently increasing production and export of high-quality hybrid corn and sunflower seeds to ensure the ability to produce agricultural products in Ukraine and in those countries where farmers depend on seeds produced in our country,” said Oleksiy Turchynov, Head of Seed Production at Corteva Agriculture in Ukraine.
The company also said that it intends to continue developing the production capacity of the seed complex to increase seed exports through established sales channels to the European Union. To this end, the company has reconfigured its export chains and in 2023, farmers in Europe (Austria, France, Hungary, Romania, Slovakia, Bulgaria, Belgium, Czech Republic, Germany, Lithuania, Poland, Serbia) and Central Asia received Ukrainian corn seeds of the Pioneer® brand.
As reported, the company’s seed complex in Poltava region was officially opened in June 2013. More than $56 million was invested in its construction. The annual capacity of the plant is about 500 thousand sowing units of corn seeds and 250 thousand sowing units of sunflower seeds.
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.
Corteva Agriscience, an international agricultural research company, has increased the number of Pioneer® corn seed hybrids grown on the production fields of the company’s seed complex in Poltava region by 2.6 times to 24, according to a press release.
According to the report, the portfolio of Ukrainian corn seeds in 2024 will include hybrids of the Pioneer Optimum AQUAmax line.
In addition, in 2023, the seed team began growing corn hybrids popular in the European Union markets, as its long-term production strategy in Ukraine is to increase the share of exports to the EU.
The company reminded that in 2022 Corteva increased its exports to the EU 16 times.
In the current season, according to the company, 80% of seed crops were grown on irrigated fields, and 15% of the crops were grown using StripTill technology, which helps to preserve soil moisture and prevent erosion. Precision farming was introduced on more than 80% of the production area. A system of differential crop density was introduced.
“During the 10 years of operation of Corteva’s seed complex in Ukraine, everything has been done to provide farmers with high quality seeds of Ukrainian production. (…) We are convinced that seed production in Ukraine has a great future and Corteva strives to be a leader here,” Oleksiy Turchynov, Head of Production in Ukraine at Corteva Agriscience, was quoted by the press service as saying.
The company’s seed complex in Poltava region was officially opened in June 2013. More than $56 million was invested in its construction. The annual capacity of the plant is about 500 thousand sowing units of corn seeds and 250 thousand sowing units of sunflower seeds.
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 opened in 2013 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, increased its exports of Pioneer brand corn seed to the EU 16-fold in 2023 through established channels in Romania and Hungary, according to its press release.
According to it, the company was able to achieve a 15 percent increase in yields of Pioneer’s advanced seed hybrids last year through the introduction of precision farming, irrigation and other advanced approaches.
“For ten years we have been developing seed production in Ukraine, because for Corteva Agriscience our country is one of the major players in the global agricultural market, which has a significant impact on global food security,” – quoted the press service of the regional head of seed production Corteva Agriscience Andrey Andriushko.
He said that amid the war the company continues to invest in the production seed complex and support the communities of the region. For example, last year Corteva Agriscience signed a declaration with the Ministry of Agrarian Policy and Food of Ukraine on deepening and further developing cooperation for food security in Ukraine and the world, which resulted in increasing the production capacity of the seed complex in Stasi village, Poltava region, officially opened in June 2013 and investments of over $56 million. Its annual capacity has reached about 500 thousand seed units of corn and 250 thousand seed units.
According to the company, Corteva is one of the largest taxpayers in the region. The total number of employees, including seasonal workers, reaches nearly 400.
According to the press release, Corteva has invested about UAH 4.6 million in the development of Stasi village since 2013 (to improve infrastructure, medicine, education and social life of the community, in particular, it financed the reconstruction of a bomb shelter for 800 people.
Corteva Agriscience is a global agricultural company. It offers agricultural producers comprehensive solutions to maximize crop yields and profitability. It has more than 150 research facilities and more than 65 active substances in its portfolio.
Its representative office in Ukraine includes a central office in Kiev, a research center in Lyubartsy village (Kiev region) and a seed production complex opened in 2013 in Stasi village (Poltava region). Investments in the plant over five years amounted to more than $56 mln.
In April 2022, the company decided to leave the Russian market due to the full-scale war unleashed by Russia against Ukraine.
International agricultural research company Corteva Agriscience in the three quarters of 2022 increased sales of seeds and plant protection products (PPP) on the Ukrainian market by 6.5% compared to the same period last year, while its profit increased by 5%.
According to the company representatives during the online event devoted to the results of its work for the nine months of this year, the global revenue of Corteva from sales of seeds and pesticides for this period increased by 16% up to more than $ 14 billion, mainly due to an increase in sales in the segment of innovative technologies.
“The main factors of success in Ukraine were the solid work of the Corteva team, which resumed its activities on March 7 after the full-scale invasion of Russia, and the direct work with Ukrainian agricultural producers, in particular through direct sales of Pioneer brand products, which allowed the company to increase its market share in the seeds segment. This was also due to early sales in the season, which began in September 2021,” – stated in a press release of the agricultural company.
According to it, Ukrainian agricultural producers in the unprecedentedly difficult conditions of the war with Russia need help from major international companies, which is extremely important and should be focused precisely on protecting the interests of Ukraine.
“Adhering to the highest value of safety of human life, Corteva withdrew from the russian and belarusian markets, despite the significant financial losses associated with this decision. We were unable to continue operations in the aggressor country and reorganized the commercial division in Eastern Europe, which is now centered in Ukraine,” Corteva’s Eastern Europe head Sergey Kharin said during an online meeting.
Corteva also specified that since the beginning of the year it has invested $390 thousand in the construction of a mobile corn receiving line and an underground LPG terminal at its seed plant in Stasi, Poltava region, which allows for stable production. To save energy, the company introduced a flexible work schedule with reduced energy consumption during peak hours, shifting some of the work shifts to nighttime, and using industrial diesel generators.
“Although there has been some reduction in corn acreage on our partners’ fields due to military operations, we have been able to achieve a 15% increase in yields of Pioneer seed hybrids through the implementation of precision farming technology on the fields and additional investments. We expect that by the end of the year export of seeds produced at our plant to the EU countries will increase up to 16 times comparing to the last year,” – said the Director of Corteva Agriscience production complex in Ukraine Oleksiy Turchynov.
Besides, since the beginning of the Russian aggression, the company has been actively helping Ukrainian charitable foundations, public organizations and hospitals. During the war Corteva has financed local initiatives to the tune of over 50 million hryvnias.
Corteva Agriscience is a global agricultural company. It offers agricultural producers comprehensive solutions to maximize crop yields and profitability. It has over 150 research facilities and more than 65 active substances in its portfolio.
Its representative office in Ukraine includes a central office in Kiev, a research center in Lyubartsy village (Kiev region) and a seed production complex opened in 2013 in Stasi village (Poltava region). Investments in the plant over five years amounted to more than $56 mln.
In April 2022, the company decided to leave the Russian market due to full-scale armed aggression.
The international research company Corteva Agriscience has established export supply chains for corn seeds from Ukraine to the EU, and in the context of the Russian military invasion plans to increase its exports to European countries by 16 times by the end of the year compared to last year.
According to a press release from the company, as of early August, it has already shipped 3,000 tonnes of corn seeds grown at its seed complex in Poltava region to the European Union.
The company clarified that, for security reasons, it suspended the operation of the seed plant immediately after the start of the Russian invasion of Ukraine, but at the initiative of the employees themselves, after some time, resumed the operation of the enterprise. The launch of its work made it possible to provide Ukrainian farmers with seed material that is critical for the sowing campaign.
Corteva, in the context of Russian aggression, also for security reasons, refused to supply seeds of Ukrainian production by land to the countries of the Caucasus and Central Asia, but expanded logistics to the EU as much as possible.
“On the production lines of the Corteva plant in Ukraine, high standards of seed production have been introduced, which allow us to produce goods that meet all the quality criteria adopted in the EU. Seeds are controlled by many indicators at all stages of production – from field to bag, and meet the maximum requirements of both Ukrainian, and foreign farmers choosing Corteva genetics,” the company said.
Earlier, in April, the company decided to leave the Russian market due to the military aggression of the Russian Federation against Ukraine.
Corteva Agriscience is a global agricultural company. It offers farmers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in the portfolio.
The international research company Corteva Agriscience will open ten training sites in Ukraine this year to train Ukrainian farmers in sunflower and corn cultivation technologies, according to its press release on Thursday.
At the same time, it is specified that Corteva experts will conduct agronomic training at professional experimental plots, demonstrating to agricultural producers the reactions of crops to various agrotechnical factors. The service is available to the company’s customers who can apply to the commercial team for training.
Earlier, in April, due to Russian military aggression against Ukraine, Corteva decided to leave the Russian market.
Corteva Agriscience is a global agricultural company. It offers farmers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in the portfolio.
