Corteva raises full-year profit forecast

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July 30, 2026 4:41 PM EDT

The logo and trading info for Corteva Agriscience, a former division of DowDuPont, is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., June 3, 2019. REUTERS/Brendan McDermid

July 30 (Reuters) - ‌U.S. ​agriscience company ​Corteva on Thursday raised it forecast ‌for full-year adjusted profit, based ⁠on strong demand across ‌key crop markets.

The acreage ‌shift toward soybeans and away from corn ​is expected to support demand for seed ⁠traits, as farmers adjust planting decisions ​in response to higher input costs and tighter ​margins.

In the second ‌quarter, crop prices were mixed, as corn ⁠and soybeans gained on expectations of reduced U.S. ⁠plantings, while wheat remained under ​pressure from abundant global supplies.

The company now expects full-year adjusted ‌earnings between $3.60 to $3.80 per share, up from ‌a prior view ⁠of $3.45-$3.70 per ‌share.

(Reporting by ​Varun Sahay in Bengaluru; Editing by Shailesh ‌Kuber)


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