From Nasdaq: 2025-04-17 09:38:00

FMC Corporation has received regulatory approvals for its Keenali herbicide, powered by Dodhylex active, in Peru. Dodhylex active is the first Group 28 herbicide globally approved and offers breakthrough herbicide technology for rice growers in Peru and Latin America. Keenali is set for commercial availability in August, pending approvals in other countries.

FMC stock has declined by 34.5% over the past year compared to the industry’s 10.6% dip. The company remains committed to innovation and advancing new molecules to combat resistance and support food security. FMC currently holds a Zacks Rank #3 (Hold), with promising prospects for growth and development in the agricultural industry.

Other promising stocks in the Basic Materials sector include CRS, DRD, and IDR, with Zacks Ranks #1 (Strong Buy) and #2 (Buy) respectively. Carpenter Technology Corporation, a Zacks Rank #1 stock, has seen a 116.9% increase in shares over the past year, with a positive earnings surprise streak. DRDGOLD Limited and Idaho Strategic Resources, Inc. are also showing strong growth potential, indicating a rise in earnings and share value.

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Read more at Nasdaq: FMC Secures Regulatory Approval for Keenali Herbicide in Peru