The Bayer AG logo at the headquarters in France.  Photo: Reuters/Benoit Tessier/File

Bayer slashes outlook as glyphosate demand weakens further

Analysts say dry weather conditions hurt farmers' demand for seeds and pesticides

Reuters – Further deterioration in demand for glyphosate-based weed killers led Bayer BAYGn.DE to cut its full-year earnings outlook and announce a 2.5 billion euro ($2.8 billion USD) write-down on glyphosate-related assets. In an unscheduled statement late on Monday, the German drugs and pesticides maker said it was projecting 2023 earnings before interest, taxes, depreciation […] Read more


(Zevei-Wenhui/iStock/Getty Images)

Swine fever found in Germany putting pork exports at risk

Country had been fencing off borders against wild boar

Berlin/Hamburg | Reuters — Germany confirmed on Thursday that African swine fever (ASF) had been found in a dead wild boar near its border with Poland, threatening pork exports to China from Europe’s biggest pork producer, which were worth US$1.2 billion last year. Authorities in the German state of Brandenburg quarantined a 15-km area around […] Read more

Tulip fields in the Netherlands. (CIA.gov)

African growers threaten Dutch flower power

Aalsmeer, Netherlands | Reuters — The Netherlands is fighting to retain its crown as the world’s top auction house for flowers as growers in Africa and elsewhere increasingly sell directly to buyers. The country grew wealthy selling tulip bulbs in the 17th century during the so-called Dutch Golden Age and remains the second largest agricultural […] Read more