GFM Network News


Investor nominates directors for Corteva, aims to oust CEO

Reading Time: 2 minutes Reuters — Activist investor Starboard Value LP said on Thursday it has nominated eight directors to the board of Corteva, seeking to oust its chief executive officer and take control of the pesticide and seed maker. Starboard, in its letter to Corteva’s chairman, said it had identified someone new for the top job, but declined […] Read more

Corteva cleared for spinoff

Reading Time: 2 minutes The combined agriculture businesses of Dow Chemical and DuPont have cleared the last of their regulatory hurdles to go ahead with their formal June 1 spinoff. The Delaware-based agribusiness, under the name Corteva, Inc., is scheduled to begin “when-issued” trading on the NYSE on May 24, and “regular way” trading on June 3, under the […] Read more


DowDuPont completes spinoff of materials science unit

Reading Time: < 1 minute Reuters — DowDuPont said Monday it had completed the spinoff of its materials science division as part of a plan to split the chemical producer into three separate units. Shares of the new division, Dow, will begin trading on the New York Stock Exchange on Tuesday. Dow and Dupont completed a US$130 billion merger in […] Read more

Democratic contender Warren targets corporate agriculture

Reading Time: 2 minutes Washington | Reuters — Democratic presidential contender Elizabeth Warren took aim on Wednesday at agricultural conglomerates, promising her administration would break up big agribusiness mergers that she said have hurt family farmers. Warren, a U.S. senator from Massachusetts and a fierce Wall Street critic, released a broad plan that she said would make it easier […] Read more


U.S. EPA wins new chance to argue against pesticide ban

Reading Time: 2 minutes Reuters — The Trump administration has persuaded a U.S. appeals court to reconsider its recent decision ordering the Environmental Protection Agency to ban the widely-used pesticide chlorpyrifos, which critics say can harm children and farmers. In an order on Wednesday, the Ninth U.S. Circuit Court of Appeals said it will again review former EPA administrator […] Read more

The opportunity is to expand the size and scope and scale of the business,” says Canadian lead Bryce Eger. “That’s why we exist.”

Corteva, huh?

Bryce Eger’s job is to get Canada’s farmers to react as positively to the new Corteva name as they do to the biggest brands in agriculture. Is that even possible?

Reading Time: 7 minutes The question is, should you care? The global merger of Dow and DuPont means that some of the most famous names in farm history are getting roped together under an entirely unknown name — “Corteva.” And somehow, all of us in agriculture are supposed to be persuaded to not only learn the new name, but […] Read more


Dow, DuPont pick new married name for agribusiness

Reading Time: 2 minutes Dow Chemical and DuPont’s combined agriculture chemical and seed businesses will take a new name when they spin off from the merged parent firm next summer. DowDuPont announced Monday the agribusiness, which will include DuPont Crop Protection, DuPont Pioneer and Dow AgroSciences, will rebrand as Corteva Agriscience after its spinoff, expected by June 1 next […] Read more

DowDuPont upbeat on growth as sales rise

Reading Time: 2 minutes Reuters — U.S. chemicals producer DowDuPont reported a 14 per cent rise in net sales for the fourth quarter and beat Wall Street profit estimates as a strong global economy led to robust demand and higher prices for its products. The newly-combined company, formed by the merger of chemical giants Dow Chemical and DuPont four […] Read more


French court suspends pesticides over potential harm to bees

Reading Time: 2 minutes Paris | Reuters — A French court suspended on Friday the licence for two pesticides made by Dow Chemical, citing uncertainty over environmental risks including their effects on bees. The preliminary ruling by an administrative court in the city of Nice overturned a decision by France’s health and environment agency ANSES in September to grant […] Read more

CSX customers demand end to shipping bottlenecks

Reading Time: 2 minutes Reuters — The head of No. 3 U.S. railroad CSX promised on Wednesday to improve service as companies such as Cargill demanded greater accountability and fewer delays, criticizing an overhaul CSX launched six months ago. Customers have complained of longer transit times, unreliable switching operations, inefficient car routings and poor communications with CSX customer service. […] Read more