GFM Network News


Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Bayer sees farmers pre-buying inputs as supply-chain snarls continue

Chicago/Berlin | Reuters — U.S. farmers are pre-buying seeds and chemicals they need earlier than normal, in a bid to secure supplies for next spring amid sector-wide supply-chain problems, a top executive at German agricultural and pharmaceuticals firm Bayer said Tuesday. Bayer also estimates its average seed prices will go up about five per cent […] Read more







Photo: Bayer

Bayer Q2 misses forecasts as costs, forex effects bite

Frankfurt | Reuters – Bayer shares fell to their lowest levels in more than seven months after the German agricultural and pharmaceuticals group reported lower-than-expected second-quarter core earnings due to higher production costs and currency headwinds. Second-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) before special items fell 10.6 percent to 2.58 billion euros ($3.05 billion), […] Read more


(Dave Bedard photo)

U.S. judge rejects Roundup settlement plan as ‘unreasonable’

Proposal would cover suits over future illnesses

Reuters — A U.S. judge rejected Bayer’s US$2 billion class action proposal to resolve future lawsuits alleging its Roundup herbicide causes cancer, saying in a Wednesday order that parts of the plan were “clearly unreasonable.” U.S. District Court Judge Vince Chhabria in San Francisco said the proposal “would accomplish a lot for Monsanto,” which Bayer […] Read more

(Dave Bedard photo)

Mexican judge rejects industry bid to halt GMO corn, glyphosate ban

Farm council warns of lost productivity

Mexico City | Reuters — A Mexican federal judge ruled against a request by the National Farm Council to freeze a government plan to ban genetically modified (GMO) corn and the widely used herbicide glyphosate by 2024, the national science council said on Monday. Judge Martin Adolfo Santos Perez’s ruling allows the executive order issued […] Read more


A mayfly on water. (SBTheGreenMan/iStock/Getty Images)

Federal reprieve for imidacloprid cuts its application rates

Proposal for near-total ban rejected in Health Canada's final decision

A member of the neonicotinoid family of insesticides and seed treatments has been pulled back from the brink of an all-out ban in Health Canada’s final re-evaluation ruling. Most agricultural uses of imidacloprid — sold by Bayer under brands such as Gaucho, Merit and Admire, and by Adama under brands such as Alias and Sombrero […] Read more

(File photo by Dave Bedard)

U.S. judge raises doubts ahead of hearing on Roundup settlement

'The last question is a killer'

Reuters — A U.S. federal judge on Tuesday questioned a US$2 billion proposal by Bayer that would create a framework for resolving future claims that its Roundup herbicide causes cancer, casting doubt on the plan a day before a key hearing. Bayer and class action attorneys hope U.S. District Judge Vince Chhabria in San Francisco […] Read more