Corteva Agriscience has acquired the Clearfield Canola Production System called Clearfield canola in Canada and the United States from BASF. Corteva is the Agriculture Division of DowDuPont.
The acquisition representants a full line of canola products in Canada, consisting of the Clearfield canola herbicide-tolerant trait and a line of herbicides sold in Canada.
Corteva says the acquisition enables the company to expand its position to include out-licensing of the Clearfield canola trait to other seed companies in Canada and the United States.
A Corteva spokesperson states the acquisition “ supports Corteva Agriscience in supplying genetics for one of the most consumed vegetable oils globally.”
Corteva Agriscience is intended to become an independent, publicly traded company when the previously announced spinoff is complete by June 2019.
The division includes DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences.