$CTVA vs $FMC: Weighing Spinoffs and Turnarounds in Agricultural Chemicals Both CTVA and FMC operate in the agricultural sciences space, but they sit at sharply different points in their corporate lifecycles. Corteva's recent roughly 85% share-price reset reflects the completed spinoff of its seed business (Vylor), a technical adjustment rather than a loss of underlying business value. FMC is navigating patent expirations on its flagship Rynaxypyr insecticide and is executing a debt-reduction and portfolio-trimming turnaround. Corteva has raised its full-year guidance on strong seed-technology demand and productivity gains, signaling firmer earnings momentum.