Reading Time: 2 minutes Chicago | Reuters — Bayer said on Tuesday it will scrap a nearly US$1 billion project to produce dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of dicamba-based herbicides. The German-based company is moving to save cash as it wages an expensive legal battle […] Read more
Bayer scraps plans for U.S. dicamba production
Move unrelated to court ruling, company says
Elanco gets EU’s conditional antitrust OK for Bayer deal
Approval calls for sale of Vecoxan brand, among others
Reading Time: < 1 minute Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses, […] Read more
Court blocks sales of dicamba in U.S.
Bayer says it's seeking new EPA registration for 2021
Reading Time: 3 minutes Updated — Reuters — A U.S. appeals court has blocked Bayer from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product. A three-judge panel of the Ninth U.S. Circuit Court of Appeals ruled the U.S. Environmental Protection Agency (EPA) substantially […] Read more
Bayer reporting progress in Roundup settlement talks
Reading Time: 2 minutes Frankfurt | Reuters — Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup herbicide causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases. The drugs and pesticides group is keen to draw a line under the legal dispute, which it […] Read more
Proxy advisers split over endorsing Bayer management
Chemical giant to host AGM April 28
Reading Time: 2 minutes Frankfurt | Reuters — Shareholder advisory groups are divided over whether to endorse the management and directors at German drugs and pesticides company Bayer, according to recommendations submitted by proxy voting firms. Bayer is due to host its annual general meeting on April 28 but the company still faces potentially huge litigation risks stemming from […] Read more
Bayer reported inching toward glyphosate settlement
Reading Time: < 1 minute Reuters — Bayer has agreed on draft settlement terms with half a dozen law firms representing tens of thousands of plaintiffs alleging that its Roundup herbicide causes cancer, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of the German drugs and pesticides company have come under immense pressure since […] Read more
Ag chem industry watching COVID-19’s spread
Reading Time: 3 minutes MarketsFarm –– China is a major producer of agricultural chemicals — and disruptions to production would have a ripple effect on North American supplies of crop protection inputs, such as herbicides and insecticides. Plant closures and transportation issues due to the spread of COVID-19 coronavirus are being followed closely, but the Canadian industry is reportedly […] Read more
Ag leaders for tomorrow
It will take innovative thinking to solve our global ag and food problems. Think it can’t be done? Read on
Reading Time: 9 minutes How do we feed a hungry world? That was the question posed to 100 young people, 18 to 25 years old, from 45 countries when Bayer CropScience brought them together in Brasilia, Brazil, for the 4th biannual Youth Ag Summit in November. It is a critical question. Amid all the numbers a farmer sees every […] Read more
Pressure on for Bayer CEO to fix legal problems as chairman quits
Reading Time: 2 minutes Frankfurt | Reuters — The departure of Bayer chairman Werner Wenning will turn up the heat on CEO Werner Baumann to resolve the healthcare to agriculture group’s legal problems, two of the firm’s biggest German shareholders said on Wednesday. Bayer’s shares have plunged about a quarter in value since August 2018, when the company lost […] Read more
Peach grower awarded US$265 million in dicamba drift suit
Reading Time: 2 minutes Reuters — A Missouri jury’s US$265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer and BASF has raised the stakes for the two companies as at least 140 similar cases head to U.S. courts later this year. A jury in U.S. District Court in Cape Girardeau, Missouri, handed Bader, […] Read more
A message from April Stewart, Country Guide's Associate Editor
