Corteva Q3 2026 slides: Brazil woes offset new product gains

Corteva Agriscience reported its Q3 2026 earnings on November 12, 2026, revealing a disappointing quarter driven by significant challenges in Brazil. The company's net sales dropped 9% year-over-year to $1.59 billion, while the stock price fell sharply from its 52-week high of $90.97 to trade near $9.74, nearing its 52-week low of $9.14.

Despite strong performance in new product innovation, market conditions in Latin America deteriorated faster than expected, impacting the overall results. Corteva's crop protection business, which is a key driver of its revenue, was particularly affected by unfavorable currency movements and high interest rates in Brazil. The company's results highlight the broader challenges faced by agricultural input suppliers, as farmers grapple with rising input costs and tight credit conditions.

Corteva remains on track for its targeted year-end cash position while executing against strategic priorities in a challenging market environment.