Reading Time: 2 minutes Frankfurt | Reuters –– German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto for US$122 per share in cash, or a total value of $62 billion including debt, to create the world’s biggest agricultural supplier. Bayer said on Monday that the proposal made to Monsanto’s […] Read more
Bayer confirms US$62 billion cash offer for Monsanto
Rush for ag chem megadeals clogs regulatory path, worries farmers
Reading Time: 3 minutes Reuters — As Bayer joins the agricultural sector’s scramble to consolidate, its bid for Monsanto may be a tipping point for U.S. farmers, federal lawmakers and regulators concerned the tie-ups may harm the farm economy. If Monsanto accepts Bayer’s unsolicited offer, experts say, the deal would inevitably trigger a review by federal antitrust regulators. But […] Read more
Bayer offers to buy Monsanto in global ag chem shakeout
Reading Time: 3 minutes Reuters — German drugs and chemicals group Bayer AG made an unsolicited takeover offer for U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and integrate pesticides and seeds markets. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither gave the proposed terms. Sources said Bayer would pay […] Read more
U.S. grain firms rejecting GMO crops that lack global approval
Reading Time: 3 minutes Reuters — Across the U.S. Farm Belt, top grain handlers have banned genetically modified crops that are not approved in all major overseas markets, shaking up a decades-old system that used the world’s biggest exporting country as a launchpad for new seeds from companies such as Monsanto. Bold yellow signs from global trader Bunge are […] Read more
Bayer to consider shedding animal health unit
Reading Time: 2 minutes Leverkusen, Germany | Reuters –– Bayer might look into selling its animal health division if it continues to struggle to find takeover targets for the business, the German drugmaker’s incoming chief executive said. “Animal Health is a business that we have been trying for many years to strengthen strategically, that is to say inorganically. That […] Read more
U.S. EPA moves to pull crop insecticide from sale
Reading Time: 2 minutes CLARIFIED, March 7, 2016: Chicago | Reuters — The U.S. Environmental Protection Agency said Tuesday it was moving to halt sale of insecticides from chemical firms Bayer and Nichino America containing an active ingredient, flubendiamide, found to pose risks to the environment. Bayer CropScience had anticipated the action after rejecting the EPA’s request to voluntarily […] Read more
Bayer sizing up deals to strengthen seeds operation
Reading Time: 2 minutes Leverkusen, Germany | Reuters — Bayer’s Crop Science business is casting its eye over potential targets to enhance its seeds operation, the division’s head said on Thursday, as competitive threats increase with big mergers among its rivals. The Bayer CropScience operation comprises the world’s second-largest pesticides supplier but remains a much smaller player in seeds, […] Read more
Stacked LL/RR canola off the menu for 2016
Reading Time: 2 minutes The first canola hybrid to stack Genuity Roundup Ready and LibertyLink traits in one seed won’t be on the market for this growing season. Just weeks after its Jan. 22 announcement of a limited launch for InVigor Choice LR250 for the 2016 season, Bayer CropScience Canada now says concerns over seed quality and export market access have […] Read more
The case for long-term weed programs
With Enlist soybeans and Roundup Ready Xtend coming, the time to start stretching your weed control horizon is right now
Reading Time: 5 minutes As a concept, a long-term weed management plan may be nothing new. Even so, however, the reasons to adopt it are looking stronger than ever thanks to a combination of new technologies and a weed-resistance threat that keeps intensifying. The concept certainly has merit, says Dr. Peter Sikkema, professor of weed science with the University […] Read more
Dow, DuPont to merge in deal to create chem giant
Reading Time: 3 minutes Reuters — Chemical giants DuPont and Dow Chemical agreed to merge in an all-stock deal valuing the combined company at US$130 billion in a win for activist investors that could spark further consolidation in the farm chemicals industry. The deal to combine two of the biggest and oldest U.S. chemical producers is a prelude to […] Read more
A message from April Stewart, Country Guide's Associate Editor
