Corteva, which is planning to split into two publicly traded companies later this year, announced Tuesday that the crop protection part of its business will continue to be based in Indianapolis.
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Indianapolis-based agricultural giant Corteva, which plans to separate into two independent companies, said it hasn’t yet decided where the companies will be based.
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She brings 15 years of experience in the food and agriculture space, including more than seven years at Dow AgroSciences.
The company, which makes vaccines, antibiotics and other animal-health products, said it now expects full-year revenue of between $4.57 billion and $4.62 billion.
Christian Huber, 29, could have been complacent in riding the continued success of his family’s seventh-generation business, Huber’s Orchard and Winery. But he feels strongly that that isn’t the way to learn the crafts of winemaking and distilling.
“My goal is, let’s have another 50 years,” Brown said. “How do we set ourselves up to keep the foundation and build on it? And there’s another 50, 100 years in this business or more.”
Corteva, the Indianapolis-based seed and crop protection giant, formed a joint venture with the startup, Pairwise, based in Durham, North Carolina, aimed at increasing crop yield for food, fuel and fiber production.
The AgriNovus Indiana report quantifies agbiosciences as contributing $22.7 billion to the state’s gross domestic product. It also identifies several key areas of opportunity for growth in this sector.
For Indiana—the seventh-largest agricultural exporter and ninth-largest farming state in the U.S.—the legislation could have wide-ranging impacts.
The company said the restructuring is designed to shift resources from its farm animal operations to its pet health operations and help with the launch of three upcoming products now under regulatory review.
“AquAdvantage” salmon, engineered by biotech company AquaBounty Technologies, most recently drew criticism from environmental advocates at the 2023 Farm Aid event.
The Kremlin says Russia will suspend the Black Sea Grain Initiative until its demands to get its own food and fertilizer to the world are met.
All but two of the items—cheese and pork chops—were more expensive than last year. Cookies, hamburgers buns and lemonade were up the most.
Bunge Ltd.—which is spending $550 million to build a soybean processing plant in Shelby County—could find itself in the crosshairs of antitrust regulators in the United States due to the scale of the deal.
The state’s strength in agriculture, plus partners like Purdue University and AgriNovus Indiana, combine to make Indiana a competitive place for generating and attracting ag-related technology and innovation.
The Ag-Celerator, one of four funds that make up Purdue Ventures, boasts a $2 million innovation fund for startups in ag-related technologies.
Companies across agbioscience are not only delivering life-essential innovations, they are also tackling many of the world’s toughest challenges.
Innovation in agriculture has been transformative, with advances in breeding, prevalent use of data analytics and technology serving as important drivers of change.
Westfield-based agricultural technology company Taranis Inc. on Tuesday announced the promotion of Opher Flohr to chief executive, succeeding Bar Veinstein.
The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.
Athian expects to begin beta testing for its first product this month. The company was launched last year by Greenfield-based Elanco and Indianapolis-based High Alpha Innovation.
North Manchester-based MPS Egg Farms employs roughly 600 people and keeps 12.1 million laying hens, which produce 9 million eggs per day for distribution across the United States.
