Jan. 28, 2011
Agriculture & Nutrition
Includes Crop Protection, Pioneer Hi-Bred and Nutrition & Health businesses
Fourth quarter 2010 sales of $1.5 billion were up 13%, reflecting higher volume. Increased sales primarily reflect a strong start to the North American season, an increase in Latin America corn sales, an increase in Brazil soybean volume, and higher sales for crop protection products across all regions, led by continued expansion of Rynaxypyr® insecticide. PTOI for the fourth quarter was a seasonal loss of $117 million compared to a loss of $97 million in the fourth quarter 2009, reflecting continued growth investments.
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