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Corteva Unveils Wheat Breakthrough as Seed Race Heats Up [Yahoo! Finance Canada]

Corteva, Inc. (CTVA) 
Last corteva, inc. earnings: 1/30 06:00 am Check Earnings Report
(Bloomberg) -- The race to boost wheat yields with drought-resistant varieties is heating up. Most Read from Bloomberg Seed company Corteva Inc. is unveiling what it calls a “revolutionary” development in wheat: a non-genetically modified seed that could boost yields of the amber grain by 10% while using the same amount of land and resources, the company said. It aims to beat out rivals by getting its hybrid wheat into the North American market as early as 2027. Corteva's development, which it plans to tout during its investor day in New York on Tuesday, comes after Argentina's Bioceres Crop Solutions gained US approval for its genetically modified wheat. Dubbed HB4, the variety tolerates drought as well as certain herbicides, though its commercialization in the US remains years away. A Bioceres representative didn't immediately respond to a request for comment. Indianapolis-based Corteva is seeking to do for wheat — a bread-making staple for growing populations around the wo Show less Read more
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