Corteva's two agriculture technology businesses, Seed and Crop Protection, are delivering balanced growth as the company moves toward a planned fourth-quarter 2026 separation. Seed, which accounts for 56.9% of total net sales, posted 9% organic sales growth in the first quarter of 2026, with price and product mix improving 3% and segment operating EBITDA up 23%. Crop Protection, contributing 43.1% of net sales, saw revenues rise 10% on a 6% volume increase, though pricing declined 2% due to competitive pressures in Latin America and Asia Pacific. Overall, Corteva's operating EBITDA increased 21% year over year to $1.44 billion, and management reaffirmed its 2026 operating EBITDA outlook of $4.0 billion to $4.2 billion. The company also expects its Seed business to become royalty positive in 2026, ahead of its earlier royalty-neutral target.
Corteva IncCorteva reported strong Q1 2026 results with 21% EBITDA growth and reaffirmed 2026 outlook, indicating solid financial performance.
FMC CorporationCorteva's Crop Protection segment faced competitive pricing pressures in Latin America and Asia Pacific, which may affect FMC as a competitor in the same market.