Corteva crop seed sales rise 12% in latest quarter

14 articles · Updated · The Wall Street Journal · May 6

Sales reached $3.02 billion as US farmers kept buying premium seeds and pesticides despite squeezed margins, higher fertilizer and fuel costs, and pressure from the war in Iran.
Chief executive Chuck Magro said growers are planting newer hybrids and varieties to boost yield per acre and protect profitability while commodity prices remain low.
The results suggest demand for agricultural technology is holding up even as farm balance sheets face strain from rising input costs and weaker crop-market returns.

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