Corteva, Inc. (NYSE:CTVA) Deutsche Bank's 12th Annual Global Basic Materials Conference June 9, 2021 3:15 PM ET
Company Participants
Jim Collins - Chief Executive Officer
Conference Call Participants
Dave Begleiter - Deutsche Bank
Dave Begleiter
Good afternoon and welcome back. My name is Dave Begleiter of Deutsche Bank's US Equity Research Chemicals and Agriculture team. Again welcome to our 2021 Global Basic Materials Conference. With us today is Jim Collins, CEO of Corteva. This is a fireside chat format. If you like to ask some questions, you can enter them in the chat box on the left-hand side of the screen. With that, we'll get going. So Jim, welcome and how are you?
Jim Collins
Hey, Dave. I’m great. Great to be here with you again. We always enjoy doing the conference, so looking forward to the time today.
Question-and-Answer Session
Q - Dave Begleiter
Thank you, Jim. So, to begin, obviously, ag fundamentals are very strong. We have corn and bean prices almost a seven-year highs. Now what are the reasons for this? And how long do you think the strength is sustainable?
Jim Collins
Yes. No, I think it's a great question. If maybe I could just take one second to maybe frame just a couple of overall comments, it will take me a minute or two and then I'll jump right into your answer.
I've been -- spent a lot of time with investors since earnings. And I've really mentioned three key points. I believe they are the things that folks need to really know about Corteva right now. And the first point is around momentum.
We finished 2020 strong. We've been able to really carry that momentum forward into start for 2021. And it was really evident in our first quarter results. The second point I've been making is, we've
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