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(Dave Bedard photo)
Crops

Bayer reportedly near glyphosate settlement after lengthy talks

Proposed settlement said to include $2 billion for future cases

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Reuters — Germany’s Bayer is set to reach a settlement this week with U.S. plaintiffs that claim its glyphosate-based herbicides cause cancer, two people familiar with the matter told Reuters. After more than a year of talks, however, some details and the overall amount of the settlement have yet to be finalised, one of the […] Read more
(Dave Bedard photo)
Crops

Bayer reported inching toward glyphosate settlement

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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
(Dave Bedard photo)
Crops

U.S. EPA reaffirms glyphosate does not cause cancer

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Chicago | Reuters — The U.S. Environmental Protection Agency said on Thursday it finished a regulatory review that found glyphosate, the most widely used herbicide in the United States, is not a carcinogen. The conclusion reaffirms the agency’s stance on glyphosate, the key ingredient in Bayer’s Roundup, despite judgments by U.S. juries that have found […] Read more
(Dave Bedard photo)
Crops

Bayer seeks glyphosate litigation advice as Elliott reveals stake

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Frankfurt | Reuters — Chemicals giant Bayer , under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a committee to help resolve a multi-billion dollar glyphosate litigation issue. Bayer has seen its share price tumble in the wake of its US$63 […] Read more
(Dave Bedard photo)
Crops, Machinery

CP’s signal maintainers ratify three-year deal

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Signal and communications employees with Canadian Pacific Railway (CP) have voted to accept a tentative three-year deal that helped end a 33-hour work stoppage in late May. CP and the International Brotherhood of Electrical Workers (IBEW) System Council No. 11, which represents 360 CP signal maintainers, announced Friday the union’s CP members had voted 78 […] Read more
(Syngenta.com)
Crops

U.S. farmers seek approval of GMO corn settlement with Syngenta

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Reuters –– U.S. farmers suing Syngenta over its decision to commercialize a genetically modified (GMO) strain of corn before China approved importing it sought court approval on Monday of a record US$1.51 billion settlement with the Swiss seed company. The deal covers U.S. corn producers, grain handling facilities and ethanol plants nationwide that sold corn […] Read more
Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)
Crops

Syngenta agrees to settle GMO corn litigation

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Reuters — Syngenta has agreed to pay close to US$1.5 billion to resolve lawsuits stemming from its decision to commercialize a genetically modified strain of corn before China approved importing it, a person familiar with the matter said on Tuesday. The Swiss company confirmed that it has reached a settlement, without confirming the financial terms. […] Read more

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