Corteva Agriscienceā„¢ and PRISMA Reaffirmed Partnership in Maize and Rice Sector

Jakarta, 18 March 2019 

Corteva Agriscience™, the agriculture division of DowDuPont (NYSE: DWDP), on 18 March 2019 announced the extension of its corn cultivation initiative with the Australia-Indonesia Partnership for Promoting Rural Incomes through Support for Markets in Agriculture (PRISMA). The new initiative aims to enable Indonesian farmers to access market leading seed (maize and rice) and crop protection solutions from the company’s inventory.

Since 2015, Corteva Agriscience™ has been working with PRISMA to improve the cultivation of maize through the adoption of better farming practices and hybrid seeds of farmers in Madura, East Java. The initiative has successfully improved productivity by increasing corn yield in this region by 50% and has been expanded to farming communities in East Java and East Nusa Tenggara.

In its collaboration with PRISMA, Corteva Agriscience™ aims to spur growth along the value chain by reducing constraints and barriers to farmer productivity, performance and market access.  The initiative has established a partner ecosystem and provided post-harvest solutions and services, such as access to markets, micro-financing and financial literacy, to maize farmers in Madura. Through this, more than 13,500 farmers have been able to raise their average incomes by as much as 290% . It has enabled 6,000 women maize farmers to gain access to financing, expanded market access for their crops and access and enabled training in the use of technology.

“Through our collaboration with PRISMA, we aim to offer more Indonesian farmers access to a broader suite of high-performing hybrid maize seed, and crop protection solutions proven to optimize yield and harvest quality, and to share the latest knowledge of optimal application and agronomic practices,” said Ms. Farra Siregar, Managing Director, ASEAN. “This collaboration also shows our continued commitment to support improving farmers’ lives in Indonesia. We believe that by enabling farmers with the latest solutions and knowledge, agricultural production can be strengthened and productivity increased in line with Indonesia’s strategic goal of domestic Food Security.”

The expanded initiative is hoped to enable Indonesian maize and rice farmers in East Java, Central Java,East Nusa Tenggara, and West Nusa Tenggara to further secure their livelihoods through the adoption of better farming practices and products that will improve productivity and profitability.