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Corteva Agriscience summed up the first year's work and outlined the strategy for further development
16 Jun 2020 international agriculture research company Corteva Agriscience presented the results of the first year of work since the separation from DowDuPont independent public company, and also outlined the direction for further development. The event was held within the framework of traditional Media, conducted in the online format.
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A year ago, in June of 2019, completed the process of separating the agricultural division DowDuPont an independent company Corteva Agriscience, which have placed their shares on the new York stock exchange. First year independent public company was marked for Corteva Agriscience growth of the main indicators of activity and building a promising portfolio of products and services for a sustainable food system.

At the end of Q1 2020 net sales of the company amounted to 4 billion U.S. dollars, 16% more than in the same period last year. While sales of seeds globally for the company increased by 27%, the implementation of means of protection of plants increased by 10% in real terms.

As reported by Alexander Kozachkov, head Corteva Agriscience in Russia, significant progress the company has achieved in Russia. According to him, the increase in net sales 1st quarter of 2020 compared with the same period last year amounted to 8.7%. The greatest growth was in the business of crop protection products – 27% increase in seed sales was 4.5%.

"In the segment of crop protection products, we are seeing growth in all types of products – herbicides, fungicides, insecticides, commented Alexander Kozachkov. – The main drivers in the segment of herbicides are preparations for corn and grain. Record growth show the drugs for special crops. Not to mention the prospective for Russia the nematicide new generation, whose sales increased by more than 10 times. Sales growth in the segment of seeds was mainly due to the hybrids of maize and sunflower Pioneer. The main growth of maize can be linked with the increase in acreage in some regions of Russia. In addition, we managed to increase the share of presence in the segment of large and medium-sized agricultural producers".

The company's success in the Russian market provides, on the one hand, the previously selected company multibranding and multi-channel approach when interacting with farmers in various regions of the country, on the other – balanced product portfolio and innovation for farmers services.

Today the flagship is the Pioneer brand in the portfolio which are registered in Russia more than 20 corn hybrids 14 hybrids of sunflower and several hybrids of spring and winter oilseed rape. While Corteva Agriscience, being the first company to introduce on the market of commercial hybrids of high-oleic canola, continues to develop this breeding line.

Constantly investing in research activities in the field of protection of agricultural crops, the only company on the market over the past few years has discovered a new class of chemical compounds of arelegitimate. In the current year in the world the company introduced 7 new molecules. It is expected that in Russia in the next five years will be registered drugs on the basis of 6 new molecules, among which including Sorvik (molecule for fungicidal protection of potatoes and grapes), Allex (the herbicidal molecule to protect rape), Anscor (molecule herbicide for protecting rice). All in all, today in the Russian market is implemented portfolio NWR Corteva with 25 kinds of products in the segments of herbicides, fungicides and insecticides on cereals, vegetables in protected and open field and garden crops.

About prospective services that help enhance the effect of the use of advanced genetics and innovative products for plant protection, said Alexander Kravchenko, head of marketing Corteva Agriscience in Russia. Of special interest to farmers can cause the program crop insurance "pioneer Plus", which ensures compensation of the seeding material as a result of the death of crops due to extreme weather conditions. The company also has a number of innovative technical solutions. Among them portable infrared analyzer feed Aurora to control the quality of the diet of cattle, and stand for calibration of seed MeterMax® Ultra, allow you to customize the seeding apparatus of the seeder, improving uniformity of seeding to 99%.

"Globally Corteva Agriscience has one of the largest fleets of unmanned aerial vehicles, which are actively embedded in the agricultural production and help in a timely manner will be determined with the tactics of various agronomical actions, – said Alexander Kravchenko. – Russian farmers are already available such services, carried out with the use of UAVs (drones), as the monitoring of crops to identify local problems, assess the quality of seedlings or damage caused as a result of insured events, preparation of orthophotos fields, determining the level of infestation and species composition of weeds, the degree of damage of plants".

As head of marketing communications group Corteva Agriscience in Russia Gennady Pyatakov, the digitalization of agriculture leads to the increased role of mobile devices and online communication between farmers and suppliers of agribusiness. How is developing this channel Corteva Agriscience, and what solutions are available to domestic farmers, Gennady said in his speech. In addition to mobile applications for Pioneer seeds and means of plant protection Corteva, which provide operational access of farmers to the most important practical information, the company introduced several mobile services designed to make life easier for farmers. Thus, the application mPhotometry helps with mobile phone photographs of the ears of corn to determine the potential yield in a particular field. Scanner harmful objects Corteva Expert that the company will launch this year, allows you to use your phone's camera to identify pests of corn, sunflower and rapeseed.

All of the products and technologies that the company represents in Russia, as well as other operating activities Corteva Agriscience, which the company performs in more than 130 countries, aimed at sustainable development of agriculture and progress for future generations. Anna Babych, communications Manager Corteva Agriscience in Central and Eastern Europe, reminded about the sustainable development in the framework of the strategy "for good" for the next 10 years, which the company announced earlier in June, Anna provided examples of how the Russian team Corteva contributes to the achievement of these goals.

An important role the company plays in the light of sustainable development criteria in developing any new products. So by focusing on agriculture biologization, the company increasingly brings to market organic origin. For example, Russia is implementing the insecticide Spintor with a unique mechanism of action and long lasting effect for the protection of vegetables, flowers and potatoes. The product is the winner of EPA award the U.S. in the field of "green chemistry". Another step in the direction of reducing environmental load is the conclusion to the Russian market the technology of seed treatment LumiGEN™, which provides targeted protection of each seed, reduces the need for processing fields in the early stages and reduces the impact on the environment. "As a leader of agricultural innovation and a reliable partner for farmers, we Corteva Agriscience know that have some responsibility and should be a completely new player in the market – one that is really motivated to improve the lives of farmers, consumers and communities, as well as care for the environment that supports us and our industry" – said Anna.

 

About Corteva Agriscience

Corteva Agriscience is a public, global, exclusively agricultural company that offers farmers worldwide the most complete portfolio in the industry, including a balanced and diverse set of seeds, protection of crops and digital solutions focused on maximizing productivity to increase yields and profitability. Being represented some of the best known brands in agriculture and owning an industry-leading portfolio of products and technologies that have significant opportunities for growth, the company is committed to work with stakeholders across the food system, as to meet its obligation to enrich the lives of those who produce and those who consume, ensuring the development of future generations. Corteva Agriscience became an independent public company on 1 June 2019, the company had Previously been an agricultural unit DowDuPont. More information can be found on the website www.corteva.ru



Translated by service "Yandex.Translation"
Источники: Agro2b
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