What are some of Corteva’s latest developments across its business lines?

On the chemical side, we are investing heavily in green solutions, decreasing their environmental impact while providing additional benefits to agriculturists. In 2024, we launched a groundbreaking nematicide that does not harm soil health and other beneficial organisms.

In seed research and production, our goal is to create seeds that increase yields without needing more water or fertilizers. Our portfolio includes corn, soy, sunflower, and wheat seeds and others. In late 2024, we announced a breakthrough hybrid wheat technology. How important are agrochemicals to global food security?

Although the market for biological agricultural products is growing, global agriculture remains highly dependent on agrochemicals. These are crucial both for the producer and consumer, providing predictability in terms of agricultural yields. Furthermore, with agrochemicals, unexpected situations, like crop disease, can be adapted to more rapidly.

The industrial production and standardized processes that agrochemicals offer also help to bring food prices down. Chemicals are therefore still crucial to the base of global nutrition, producing safe, stable, good, and cost-efficient solutions that feed the world. Can you tell us about Corteva’s work on biofuels production?

Recently, Corteva announced an international agreement with Chevron to research rapeseed hybridization for the production of biofuels. Corteva’s technologies and our industry-leading know-how enable us to explore a wide range of industrial plant applications. What are Corteva’s priorities and goals for the near future?

Our priority will remain supplying agricultural producers with innovative and sustainable products. As such, we plan to invest between US$1.2-1.4 billion annually in R&D. This work positions Corteva as the 7th most innovative company, according to the Wall Street Journal.

This year, we will be launching a new fungicide with a brand-new action mechanism. Corteva is expecting to launch more nematicides and fungicides in the coming years, together with two insecticides with hybrid technology and several biological products.