STOCK TITAN

Corteva Agriscience and Manna Announce Agreement on Seed Production Irrigation Management

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Corteva Agriscience has partnered with Manna Irrigation to implement irrigation intelligence solutions across 4,000 hectares in Austria. This software-only approach helps corn seed growers optimize crop management through actionable insights based on remote sensing data and weather information. The collaboration aims to enhance sustainable agricultural practices in line with Corteva's 2030 Sustainability Goals, addressing challenges posed by climate change and resource scarcity. Early adoption in Austria has yielded positive results, with plans for further implementation in Europe.

Positive
  • Implementation of Manna's irrigation solution on 4,000 hectares in Austria.
  • Improved crop management metrics leading to enhanced seed production.
  • Positive user adoption of Manna's technology among growers.
  • Alignment with Corteva's 2030 Sustainability Goals to promote sustainable agriculture.
Negative
  • None.

TEL- AVIV, Israel and GENEVA, Nov. 16, 2021 /PRNewswire/ -- Corteva Agriscience, one of the world's largest agriculture companies, and Manna Irrigation, a leading provider of irrigation intelligence software solutions, have announced a new contract to enhance effective irrigation practices.

Corteva Agriscience implemented the Manna Irrigation Intelligence solution in more than 4,000 hectares in Austria across multiple locations. With the Manna solution, hundreds of corn seed growers improved their crop management practices, boosting seed production metrics and promoting sustainability.

Manna's software-only solution leads the trend in crop management decision-making driven by virtual sensors. It provides growers with actionable insights on how much and when to irrigate, based on a combination of remote sensing data, pinpointed weather information, and crop-specific models.

Manna's mobile-friendly app removes the need for sensor installations and maintenance and provides real-time notifications about crop development issues, as detected by analysis of high-resolution and high-frequency satellite images.

The deal reflects the growing momentum in the sector towards more sustainable and streamlined irrigation practices, thanks to combined agronomic and technological expertise.

"We are proud to be chosen by industry leader, Corteva Agriscience, to help achieve more sustainable production," said Hovav Lapidot, CEO of Manna Irrigation. "It is becoming even more challenging to irrigate effectively due to climate change and global natural resource scarcity. We see great demand for the Manna solution by food and agriculture corporates that operate large production areas, where in-field physical solutions are expensive to deploy and maintain."

Francisco Lynch, Seed Production & Supply Chain Director, Europe, at Corteva Agriscience, said: "We believe in the power of collaboration and this agreement will help advance sustainable agriculture and water stewardship in line with our 2030 Sustainability Goals.

Working with Manna will enable for the production of high-quality seeds to provide our growers with the tools to ensure water use efficiency.

Our growers in Austria successfully used the Manna solution for one season and it has been rolled out in part in other European countries. We are very satisfied with the results and user adoption of this technology and looking forward to working with Manna to provide farmers with the tools they need to keep growing."

About Corteva Agriscience

Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry – including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva became an independent public company on June 1, 2019 and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.

Follow Corteva Agriscience on Facebook, Instagram, LinkedIn, Twitter and YouTube.

About Manna Irrigation

Manna, a Rivulis subsidiary since 2016, is an Israeli agritech pioneer, an irrigation intelligence leader that provides growers with irrigation recommendations, crop monitoring maps, and irrigation planning tools. Its sensor-free, software-only approach leverages high-resolution, frequently refreshed satellite data, and hyper-local weather information to deliver site-specific irrigation recommendations and real-time alerts.

More information can be found at https://manna-irrigation.com/

Follow Manna Irrigation on Facebook, LinkedIn, and YouTube.

TM ® SM Trademarks and service marks of Corteva Agriscience and its affiliated companies.

Media contact

József Máté, Head of Communications, Europe
jozsef.mate@corteva.com

Media contact

Efrat Tsar, Marketing Manager
Efrat.Tsur@manna-irrigation.com 

 

Cision View original content:https://www.prnewswire.com/news-releases/corteva-agriscience-and-manna-announce-agreement-on-seed-production-irrigation-management-301425606.html

SOURCE Manna; Corteva Agriscience

FAQ

What is the partnership between Corteva and Manna Irrigation about?

Corteva Agriscience and Manna Irrigation have formed a partnership to implement irrigation intelligence solutions aimed at enhancing crop management and sustainability.

How many hectares are involved in Corteva's project with Manna?

The project involves the implementation of Manna's solution across 4,000 hectares in Austria.

What technology does Manna Irrigation provide?

Manna provides a software-only solution that uses remote sensing data and weather information to offer actionable irrigation insights.

What are the sustainability goals of Corteva Agriscience?

Corteva is focused on advancing sustainable agriculture and water stewardship in line with its 2030 Sustainability Goals.

What results have been seen from the Manna solution in Austria?

Initial implementation in Austria has led to improved crop management practices and positive user feedback.

Corteva, Inc.

NYSE:CTVA

CTVA Rankings

CTVA Latest News

CTVA Stock Data

39.19B
686.55M
0.09%
86.15%
1.47%
Agricultural Inputs
Basic Materials
Link
United States of America
INDIANAPOLIS