Corteva Shares Slide 20% as Brazil Sales Weaken

Corteva shares fell about 20% after investors questioned the pesticide company’s prospects in its first earnings report since last month’s corporate split. The company is facing weaker pricing power in Brazil, its second-largest market by sales after the U.S.

November 12, 2026, 10:02 PM 377 0

Rising costs and limited access to credit are pushing Brazilian farmers toward cheaper generic chemicals, Corteva said. Sales in Latin America fell 28% in the latest quarter.

On a Thursday call, analysts questioned whether Corteva should keep operating in Brazil. Chief Executive Luke Kissam said the company plans to cut costs and review the products it sells. “Everything’s on the table,” he said.

Corteva’s crop-seed business was spun off as a new company, Vylor. Vylor shares edged higher Thursday after its quarterly results exceeded Wall Street expectations.

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