From Corteva Agriscience CEO on the outlook for the agriculture industry in 2023 · · CNBCTelevision
“We actually believe 2023 will be a very, very strong year for seed, for crop protection products because what we need to see right now is farmers invest in their crops and operations and the only way to do that is produce more food.”
On , Charles (chem), CEO & Director at Corteva Inc, spoke about agricultural investment during Corteva Agriscience CEO on the outlook for the agriculture industry in 2023 on CNBCTelevision.
In a February 2023 interview on CNBC's "Mad Money," Corteva Agriscience CEO Chuck Magro described the outlook for the agriculture industry as "very healthy and quite constructive" for the year. He stated that the world needs to produce more food, citing the Russia-Ukraine situation as having "put a really big dent into the food supply" and stressed a "very fragile food system." Magro characterized 2022 as "a very good year" with strong demand, and said he expected 2023 to be "more of the same," predicting a "very, very strong year for seed, for crop protection products" as farmers invest in their operations to increase food production.