Corteva Plans to Spin Off Its Seeds Business in 2026 Leaving a Pure-Play Crop Protection Company

Corteva is an agriculture pure play that was formed in 2019 when it was spun out of DowDuPont. The company is a global leader in seeds and crop protection products. Seeds generated around 64% of profits in 2024, with the remaining 36% coming from crop protection. Corteva plans to spin off its seeds business in mid-2026, with the crop protection business retaining the Corteva name. The company develops its pipeline by investing around 8% of sales in research and development. New products should generate sales and profit growth even as patents expire and generic products enter the market.