Cash-strapped US farmers switch to generic crop chemicals, in blow to big manufacturers [Yahoo! Finance Canada]
Corteva, Inc. (CTVA)
Last corteva, inc. earnings: 1/30 06:00 am
Check Earnings Report
Company Research
Source: Yahoo! Finance Canada
Signs of these financial impacts are already emerging. Bayer shares fell sharply to a 20-year low on Tuesday, after the chemical company warned that weak global agricultural markets and a slumping U.S. farm economy are likely to pressure profits further. Agrichemical competitors Syngenta, Corteva and the agriculture unit of Germany's BASF could also face challenges in the sector, analysts said. Nearly one-third of all the pesticides and fungicides that Paul Butler uses on his Illinois soybean and corn farm are generic to help him cut costs in a tight year, he said. Fellow Illinois grain grower Jeff O'Connor is doing the same. "It's like if you grew up eating Fruity Pebbles and now you go to Dollar General and get Fruity Bites," he said. Despite the cost savings, farmers say there can be drawbacks to downgrading. Manufacturers of generic chemicals typically do not cover the cost of respraying if the product does not work, said Caleb Hamer, an Iowa corn and soy farmer. Still,
Show less
Read more
Impact Snapshot
Event Time:
CTVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTVA alerts
High impacting Corteva, Inc. news events
Weekly update
A roundup of the hottest topics
CTVA
News
- Corteva, Inc. (NYSE: CTVA) had its price target raised by analysts at KeyCorp from $66.00 to $69.00. They now have an "overweight" rating on the stock.MarketBeat
- CTVA Announces Financial Framework & New $3-B Share Repurchase Plan [Yahoo! Finance]Yahoo! Finance
- Corteva, Inc. (NYSE: CTVA) had its price target raised by analysts at Bank of America Co. from $67.00 to $69.00. They now have a "buy" rating on the stock.MarketBeat
- Corteva, Inc. (NYSE: CTVA) had its price target raised by analysts at Wells Fargo & Company from $65.00 to $67.00. They now have an "overweight" rating on the stock.MarketBeat
- Corteva Highlights Breakthrough Innovation, Unveils New Financial Framework [Yahoo! Finance]Yahoo! Finance
CTVA
Earnings
- 11/6/24 - Miss
CTVA
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 11/4/24 - Form 4
- CTVA's page on the SEC website