FMC Corp (NYSE:FMC)

$ 67.53 0.51 (0.76%) Market Cap: 8.43 Bil Enterprise Value: 12.35 Bil PE Ratio: 7.54 PB Ratio: 1.96 GF Score: 78/100

FMC Corp at Bank of America Agriculture & Materials Conference (Virtual) - Panel Discussion: Outlook for Crop Protection Transcript

Mar 04, 2021 / 03:00PM GMT

Release Date Price: $100.77 (-2.67%)

Transcript 10-K

Steve Byrne

BofA Securities, Research Division - Director of Equity Research

Well, hi, everyone. My name is Steve Byrne, and it's a pleasure for me to host this panel on crop protection. It's an area that is a perpetual area of demand unlike most demand drivers where the source of the demand doesn't change too much. The source of the demand in crop protection is perpetually changing what we've been using for years. The chemistry drives selective pressure for an evolutionary change in resistance. And thus, we're in the state of perpetually needing more and new active ingredients.

We're also in a world where regulatory scrutiny is intensifying on the use of crop chemicals, whether they be synthetic or biologic. It's a demanding situation. Farmers need help, it protects yield. But yes, there's -- it's getting more and more difficult to bring new molecules. So that's kind of the setting. And I'm proud to have a fantastic panel here to drill into these issues.

And so let me just go around the -- around the screen here and introduce who's on the panel with me today. To the right of me on the

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