Corteva Joins With USAID To Advance Ukrainian Agricultural Production And Exports
Portfolio Pulse from Lekha Gupta
Corteva Inc has partnered with the U.S. Agency for International Development (USAID) to support Ukrainian farmers by providing access to financial and grain storage solutions. Corteva plans to increase its production of hybrid corn and sunflower seeds in Ukraine by 30% over the next five years.
June 05, 2023 | 9:58 am
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Corteva partners with USAID to support Ukrainian farmers and plans to increase seed production by 30% over the next five years.
Corteva's partnership with USAID will provide financial and grain storage solutions to Ukrainian farmers, which may lead to increased demand for Corteva's products. The company's plan to increase seed production by 30% over the next five years also indicates potential growth in revenues. This positive news is likely to have a short-term positive impact on CTVA's stock price.
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