Reuters — U.S. regulators have relied on flawed and outdated research to allow expanded use of an herbicide linked to cancer, and new assessments should be urgently conducted, according to a column published in the New England Journal of Medicine on Wednesday. There are two key factors that necessitate regulatory action to protect human health, […] Read more
Tag Archives monsanto — page 23
Scientists seek review of glyphosate, allege ‘flawed’ regulations
U.S. farm, consumer groups aim to block Monsanto bid for Syngenta
Reuters — Several U.S. farm and consumer groups are working on strategies to derail a proposed tie-up of Monsanto and agricultural seeds and chemicals rival Syngenta, saying a combination of the market leaders would spell fewer and higher-priced products. Coalitions of opponents are being formed and market analyses being done, moves that underscore the hurdles […] Read more
Syngenta says Monsanto’s $2 bln break-up fee comes with caveat
Frankfurt/Reuters – Syngenta has said a $2 billion break-up fee that unwanted U.S. suitor Monsanto has pledged to pay if its proposed $45 billion merger failed would only apply in limited cases, leaving its shareholders exposed to the bulk of regulatory risks. Swiss Syngenta, the world’s largest maker of farming pesticides, told Reuters that based […] Read more
In bid for Syngenta, Monsanto woos U.S. farmer support
Reuters — As Monsanto struggles to convince rival Syngenta to discuss a potential merger, the seed and agrochemical giant is also wooing U.S. farmers, aiming to ease concerns about the proposed tie-up that could prompt regulatory challenges. Company executives have been criss-crossing the U.S. heartland, meeting with soybean and corn growers and a range of […] Read more
Influential hedge fund takes stake in Syngenta
Reuters — Hedge fund Paulson + Co. has taken a stake in Syngenta, and could push for the board of directors of the Swiss pesticide maker to accept a takeover offer from U.S. seed company Monsanto, people familiar with the matter said Tuesday. Monsanto, the world’s largest seed company, made a US$45 billion bid for […] Read more
Monsanto to invest over $1B in dicamba
Reuters — Monsanto’s efforts to expand its agrichemical interests beyond what has long been its bread-and-butter glyphosate business were underscored on Wednesday by news the company plans to invest potentially more than US$1 billion in production of an alternative herbicide. Monsanto officials expect to spend the money over the next three to five years expanding […] Read more
Syngenta tests investor support for Monsanto opposition
Zurich/Frankfurt | Reuters — Syngenta will sound out shareholders in the coming days for their views on the Swiss crop chemicals maker’s opposition to rival Monsanto’s US$45 billion takeover approach. Any takeover offer needs to be at a fair price and provide a high degree of certainty that it will clear regulatory hurdles, Syngenta chairman […] Read more
Syngenta rejects Monsanto’s break fee offer
Monsanto’s offer of a US$2 billion break fee if it can’t get regulatory approval for a merger with crop biotech and ag chem rival Syngenta has been rejected. The offer, made in a letter from St. Louis-based Monsanto on Saturday, “represents the same inadequate price, same inadequate regulatory undertakings to close, same regulatory risks and same […] Read more
Monsanto sweetens Syngenta play with $2B break fee
New York | Reuters –– U.S. seed and ag chem firm Monsanto has offered to pay a US$2 billion reverse break-up fee to Syngenta if it can’t obtain global regulatory approvals for an acquisition, it said in a statement on Sunday. The move, under which Monsanto would pay the fee if regulators reject the proposal, […] Read more
Prairie farmers scramble for canola seed after frost
Winnipeg | Reuters –– Western Canadian farmers are scrambling to find scarce canola seed as they reseed crops snuffed out by frost and insects. Farmers in the region have until mid- to late June to plant ahead of insurance deadlines, but the later they sow canola, the higher the risk of damage later from heat […] Read more
Cyber-Savvy Farmer
