Corteva Limits Tariff Impact on Pesticides -- Market Talk

Dow Jones

2025/05/08

1020 ET - Seed and pesticide maker Corteva says it expects tariffs to cost it about $50 million, which it says is manageable and is working to mitigate it further. "We feel very strong pathways to mitigate a lot more of this, but we need a little bit more time to finalize the action," CEO Chuck Magro said on a call with analysts. Corteva and other pesticide manufacturers import different chemicals and various equipment that go into making pesticides from a variety of countries. Corteva posted first quarter earnings above analyst expectations. Shares of the company are up about 3%. (patrick.thomas@wsj.com)

(END) Dow Jones Newswires

May 08, 2025 10:20 ET (14:20 GMT)

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Corteva and other pesticide manufacturers import different chemicals and various equipment that go into making pesticides from a variety of countries. Corteva posted first quarter earnings above analyst expectations. Shares of the company are up about 3%. (patrick.thomas@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 08, 2025 10:20 ET (14:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0345780950.USD","symbol_name":"NINETY ONE GSF GLOBAL NATURAL RESOURCES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533131463","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533131463","pubTimestamp":1746714000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1020 ET - Seed and pesticide maker Corteva says it expects tariffs to cost it about $50 million, which it says is manageable and is working to mitigate it further. \"We feel very strong pathways to mitigate a lot more of this, but we need a little bit more time to finalize the action,\" CEO Chuck Magro said on a call with analysts. Corteva and other pesticide manufacturers import different chemicals and various equipment that go into making pesticides from a variety of countries. Corteva posted first quarter earnings above analyst expectations. Shares of the company are up about 3%. 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