Corteva Stock - New herbicide technology deal with FMC
17.06.2026 - 16:23:21 | ad-hoc-news.de
Edited by ad hoc news Operations & Strategy Desk. Verified prior to publication on 06/17/2026, 16:21 CET. Details in the imprint.
Corteva (US22052L1044) is sharpening its crop protection portfolio. The company has agreed a decade-long co-exclusive supply and license deal with FMC for the rimisoxafen herbicide technology, according to an IR-based report dated 06/17/2026.
All news and data on Corteva stock
From strategic partnerships to earnings and analyst views, our topic page bundles recent updates on Corteva stock.
What the FMC deal covers
FMC and Corteva announced a co-exclusive strategic supply and license agreement for the rimisoxafen herbicide technology in corn and soybean markets across North and South America, with the term extending roughly over the next decade.
Under the agreement, FMC will supply Corteva with rimisoxafen as active ingredient, while both companies will develop and commercialize their own exclusive premix formulations for their target markets, according to a detailed summary of the IR release.
Operational and strategic implications
Corteva will make an initial prepurchase payment of $200 million to FMC for future product deliveries, adding a meaningful long-term commitment to its crop protection supply chain.
The company positions rimisoxafen as a complementary technology to tackle resistant weeds in corn and soybeans, which should support its herbicide portfolio and strengthen relationships with growers across key markets in the Americas.
How Corteva makes its money
Corteva generates revenue primarily through two segments: seed products, including Pioneer-branded corn and soybean hybrids, and crop protection solutions such as herbicides, insecticides and fungicides targeted at improving yields for farmers worldwide.
Where the stock trades today
Corteva shares (US22052L1044) trade on the New York Stock Exchange at $75.75 as of 06/16/2026, 16:00 ET.
Key facts on Corteva stock
- Company: Corteva, Inc.
- ISIN: US22052L1044
- WKN: A2PKEX
- Ticker: CTVA
- Venue: NYSE
- Price (as of 06/16/2026, 16:00 ET): 75.75 USD
- Market cap: 50.66 billion USD (as of 06/16/2026)
- Sector / Industry: Materials / Agricultural chemicals
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
