Corteva develops and sells seeds and crop protection products, including genetically modified seeds and pesticides, to farmers growing corn, soybeans and other major row crops around the world. The company was spun off from the merger of Dow and DuPont, separating the agricultural business from the combined company's materials science and specialty products divisions. Seed and crop protection products are typically developed and tested over many years before reaching farmers, giving companies like Corteva a long product development pipeline and meaningful intellectual property protection on newer seed traits and chemistries. Corteva's revenue is tied to global farming economics, including crop prices, planted acreage and farmer income, all of which affect how much farmers are willing and able to spend on seeds and crop inputs in a given growing season.