DowDuPont to Record $4.6 Billion Charge as Agriculture Unit Suffers

DowDuPont Inc.’s agriculture unit is taking a $4.6 billion charge in the third quarter after the business lowered its long-term expectations on sales and profits, a move that underscores challenges agribusinesses are facing in the Americas. DowDuPont said in securities filings Thursday that it recalculated the fair value of goodwill and other intangible assets on the books of the merged Dow and DuPont company, and determined that the values of assets in its agricultural unit had fallen.