Corteva Agriscience™, Agriculture Division of DowDuPont, Acquires Clearfield® Canola Production System in Canada and U.S. from BASF

Feb 20, 2019

WILMINGTON, DEL – Corteva Agriscience™, Agriculture Division of DowDuPont (NYSE: DWDP), today announced that it has acquired the Clearfield® Canola Production System (“Clearfield® canola”) in Canada and the United States from BASF. Clearfield® canola is a globally-recognized non-genetically modified herbicide tolerance (HT) system, consisting of a herbicide tolerance trait and Imidazolinone (IMI) herbicides sold today in Canada primarily under the brand, Ares®.

“This bolt-on acquisition strengthens Corteva Agriscience’s already established position in Clearfield® canola seeds and traits and positions us well to deliver a holistic trait and herbicide solution to growers – a strong proof point of our ongoing commitment to expanding grower choice and delivering a complete solution for farmers,” said Rajan Gajaria, executive vice president of business platforms for Corteva Agriscience. “This transaction supports Corteva Agriscience in supplying genetics for one of the most consumed vegetable oils globally, together with the heart-healthy Omega-9 oil segment, which reflects our continued focus on addressing consumer and farmer needs through differentiated offerings.”

The acquisition enables Corteva Agriscience, which previously licensed the Clearfield® canola trait in both the Pioneer® and Brevant™ seeds (previously Nexera™) brands, to expand its position to include out-licensing of the Clearfield® canola trait to other seed companies in Canada and the United States. In addition, acquiring the imazamox/imazapyr herbicides under the brand name Ares® and the imazamox herbicides under the Tensile® brand in Canada, provides Corteva Agriscience with the full canola system to offer to its customers and potential licensee partners in these important markets.

The financial terms of the agreement were not disclosed.

About Corteva Agriscience™, Agriculture Division of DowDuPont

Corteva Agriscience™, Agriculture Division of DowDuPont (NYSE: DWDP), is intended to become an independent, publicly traded company when the previously announced spinoff is complete by June 2019. The division combines the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences. Corteva Agriscience provides growers around the world with the most complete portfolio in the industry — including some of the most recognized brands in agriculture: Pioneer®, Encirca®, the newly launched Brevant™ seeds brand, as well as award-winning Crop Protection products — while bringing new products to market through our solid pipeline of active chemistry and technologies. More information can be found at www.corteva.com.

Source : Corteva Agriscience

Video: A Farm Song (Busy) | Parody of A Bar Song (Tipsy) by Shaboozey

Lyrics:

My days begin with workin’, Alarm’s at 5 o’clock,
I Fill 5 gallon buckets, The feeders and the troughs,
This five to nine ain’t workin’, why the heck do I work so hard?,
I can’t worry ‘bout health problems, I can sleep in when I’m gone,

One, here comes the two to the three to the four,
Tell em’ ‘buy another cow, we need plenty more’,
Blue jeans are gettin’ dirty, what else could I ask for,
Oh my, more chores

Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history,
There’s another flock of sheep that still needs feed,
Everybody on the farm gettin’ busy,

Everybody on the farm gettin’ busy,
Everybody on the farm gettin’ busy,

I’ve been working pretty stressed but,
I ain’t changing for some cash,
Lord knows that I’m very blessed (More chores),
But I gotta say it’s hard,
Workin’ outside gettin’ charred,
Living out here on the farm, (more chores)

One, here comes the two to the three to the four,
Tell em’ ‘buy another cow, we need plenty more’,
Blue jeans are gettin’ dirty, what else could I ask for,
Oh my, more chores

Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history
There’s another 20 chickens that still need feed,
Everybody on the farm gettin’ busy,

Everybody on the farm getting’ busy,
Everybody on the farm gettin’ busy,

Fun, here on ranch that’s what you can’t ignore,
Might be pretty hard but I love it to its core,
Flannel’s gettin’ dirty, what else could I ask for,
Oh my, more chores (Tell ‘em sing with me)

Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history,
There’s another flock of sheep that still needs feed,
Everybody on the farm gettin’ busy,
Someone pour me up another shot of sweet tea,
They know me and working hard’s got a history,
Watching cattle in the dark, don’t miss me,
Everybody on the farm gettin’ busy,
(Yeeeeeehaw)
Everybody on the farm gettin’ busy,
Everybody on the farm gettin’ busy,
It’s the best bro, go get yourself a farm