St. Louis | Reuters – Bayer AG’s chief executive said this week the company might consider settling lawsuits over Monsanto’s glyphosate-containing weed-killers depending on how high court costs rise, but stressed it remained focused on defending the combined company against claims they cause cancer. Bayer acquired Monsanto this year for $63 billion. “If we can settle […] Read more
Tag Archives monsanto — page 6
Bayer CEO says would consider glyphosate settlement depending on costs
U.S. judge affirms Monsanto weed-killer verdict, slashes damages
Reuters – A U.S. judge on Monday affirmed a verdict against Bayer AG unit Monsanto that found its glyphosate-based weed-killers responsible for a man’s terminal cancer, sending the German company’s shares down 8 percent. In a ruling by San Francisco’s Superior Court of California, Judge Suzanne Bolanos said she would slash the punitive damages award […] Read more
Bayer likely to get new trial in glyphosate case
San Francisco | Reuters — Bayer’s Monsanto unit was likely to get a new trial on the US$250 million in punitive damages awarded by a jury to a groundskeeper who alleged the company’s glyphosate-based herbicides, including Roundup, caused his cancer. According to a Wednesday court filing in San Francisco’s Superior Court of California, Judge Suzanne […] Read more
Ag trade flows may change amid trade dispute, Bayer says
Monheim | Reuters — Bayer said on Tuesday it would be difficult to predict 2019 earnings at its agriculture business, which now includes Monsanto, because a U.S.-Chinese trade dispute could reroute global trade flows in farming commodities. The head of Bayer’s crop science division told Reuters his company could even benefit if U.S. farmers switched […] Read more
With drugs pipeline in focus, Bayer seen considering cuts
Frankfurt | Reuters — Bayer is considering job cuts and outsourcing as part of a wide-ranging review of drug research and development that will last until at least November, a person familiar with the company told Reuters. The prospect of “very tangible changes” contributed to a decision by key board members to extend the contract […] Read more
Brazilian court overturns ban on glyphosate
Brasilia | Reuters — A Brazilian court on Monday overturned an injunction banning products containing the herbicide glyphosate, knocking down a previous ruling that had been set to disrupt the soy planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country […] Read more
Roundup cancer verdict sends Bayer shares sliding
Frankfurt | Reuters — Bayer shares plunged as much as 14 per cent on Monday, losing about US$14 billion in value, after newly acquired Monsanto was ordered to pay US$289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer. After the verdict […] Read more
Dicamba drift problems continue in farm states
Fewer instances of dicamba drift onto non-target crops are being reported this year in the United States, but it continues to divide agriculture community
Aaron Hager has seen many changes in American agriculture in his 25 years at the University of Illinois. As an extension specialist and weed scientist, he saw the introduction and controversy around genetically modified crops and the emergence of herbicide resistant weeds. But nothing compares to the battle and nastiness over the last 12 months […] Read more
Glyphosate maker Monsanto ruled liable in U.S. cancer trial
Reuters — A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company’s glyphosate-based herbicides, including Roundup, caused his cancer and ordered the company to pay US$289 million in damages. The case of school groundskeeper Dewayne Johnson was the first lawsuit to go to trial alleging glyphosate […] Read more
Brazil judge suspends use of glyphosate herbicide
Sao Paulo | Reuters – A Brazilian judge has suspended the use of products containing the agrochemical glyphosate, a herbicide widely employed for soybeans and other crops in the country. A federal judge in Brasilia ruled on Friday that new products containing the chemical could not be registered in the country and existing registrations would […] Read more
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