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Soybean fields are inspected in a University of Wisconsin research trial on dicamba drift at Arlington, Wisc. on Aug. 2, 2018. (File photo: Reuters/Tom Polansek)
Crops, Reuters, Soybeans

Bayer, Corteva in ‘two-dog battle’ over U.S. soy market

Companies' GM soybeans jockey for market share

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Chicago | Reuters — Bayer is launching a new genetically modified soybean in the United States, striking back against rival Corteva in a bid to retain its dominant position supplying seeds to the $40 billion U.S. soy industry. Billions of dollars are on the table for companies producing a growing variety of seeds for soybeans, […] Read more
(Sakakawea7/iStock/Getty Images)
Crops, Reuters, Soybeans

U.S. EPA approves XtendiMax use for five years

Court ruling had blocked dicamba sales

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Chicago | Reuters — The U.S. Environmental Protection Agency will allow farmers for the next five years to spray crops with a Bayer herbicide whose sales were blocked by a U.S. appeals court in June, EPA administrator Andrew Wheeler said Tuesday. XtendiMax, a dicamba-based herbicide that is sprayed on soybeans and cotton genetically engineered to […] Read more
(Bayer.com)
Crops, Reuters

Bayer books second-quarter loss after settlement

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Frankfurt | Reuters — German drugs and pesticides group Bayer reported a 9.5 billion-euro (C$14.86 billion) net loss for its second quarter, following a US$10.9 billion settlement of U.S. lawsuits claiming that its Roundup herbicide caused cancer. The charges stemmed mainly from agreements which attempted to wrap up legal disputes inherited with its US$63 billion […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Reuters

Investors pile into Bayer bond to pay settlement charges

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Amsterdam | Reuters — Investors piled into a Bayer bond on Wednesday that will help pay for a long-negotiated settlement of U.S. lawsuits claiming its widely-used herbicide Roundup caused cancer. Demand for the four-tranche bond sale, whose proceeds will include the litigation payments, exceeded 17.5 billion euros, nearly three times the six billion euros (C$9.15 […] Read more
(Dave Bedard photo)
Crops

U.S. settlements not expected to change availability, labels for glyphosate, dicamba

Bayer to pay up to US$12 billion to resolve ag chem, PCB claims; company is "not contemplating" a Canadian glyphosate settlement

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Updated, June 25 — Farmers in Canada, the U.S. and elsewhere shouldn’t expect any changes to availability or label directions for Bayer’s stable of glyphosate and dicamba herbicides, coming out of a massive settlement for thousands of lawsuits, the company says. The German company announced Wednesday it expects to spend up to $12 billion in […] Read more
File photo of a Mississippi soybean field with glyphosate-resistant amaranth. (Yanbo Huang photo courtesy ARS/USDA)
Crops, Reuters

Bayer scraps plans for U.S. dicamba production

Move unrelated to court ruling, company says

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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
(Leonid Eremeychuk/iStock/Getty Images)
Crops, Reuters, Soybeans

U.S. EPA permits farmers’ use of dicamba until July 31

Court ruling blocked product registrations

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Chicago | Reuters — The U.S. Environmental Protection Agency said on Monday that farmers can use existing supplies of a herbicide linked to crop damage, after a federal court blocked sales and use of the product last week. The EPA said farmers have until July 31 to use supplies of dicamba-based herbicides that they had […] Read more
(Leonid Eremeychuk/iStock/Getty Images)
Crops, Reuters, Soybeans

Court blocks sales of dicamba in U.S.

Bayer says it's seeking new EPA registration for 2021

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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
(Merschman Seeds video screengrab via YouTube)
Crops, Reuters, Soybeans

Corteva to accelerate Enlist E3 soybean rollout

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Chicago | Reuters — U.S. seed and crop chemical maker Corteva said Thursday it will accelerate production of its next-generation biotech soybean seeds and complementary herbicides in Canada and the U.S. over the next five years. The move heightens the competition for sales to farmers with rivals Bayer and BASF. Up to 20 per cent […] Read more

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