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Corteva(CTVA) - 2023 Q1 - Earnings Call Transcript
CTVACorteva(CTVA)2023-05-05 00:50

Turning to the U.S. planted area, we expect farmers to plant 92 million acres of corn, up 4% year-over-year and around 88 million acres of soybeans essentially flat year-over-year. Projected farmer incomes are strong in 2023 though slightly lower than 2022 and the record we saw in 2021. Finally, when we look at the Brazil market, the farmer is financially healthy, investing in maximizing crop production and all indications are that they will plant more soybeans and safrinha corn this coming season than they ...