GFM Network News


DowDuPont’s Corteva arm buys Clearfield canola system

On the market since last summer, BASF’s herbicide-tolerant, non-GMO Clearfield canola business in Canada and the U.S. has landed at the door of Corteva Agriscience. Corteva, the merged seed and chemical business of Dow and DuPont, announced Wednesday it has closed a deal to buy the Clearfield system, including its herbicide-tolerant canola trait and related […] Read more

Canola, corn, soy traits to move forward with China approvals

Approvals from China are expected to allow several major trait developments to move ahead in Canadian canola, corn and soybean fields. The Reuters news service on Tuesday reported safety certificate approvals from China’s ministry of agriculture and rural affairs for biotech traits including: Bayer’s 88302, or TruFlex canola, approved in Canada since 2012; BASF’s RF3, […] 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

Canada clears Bayer’s Monsanto play, with conditions

Canada’s Competition Bureau says it’s “actively reviewing” BASF’s suitability as a buyer of the crop seed and chemical assets Bayer has to sell to get the bureau’s blessing to buy Monsanto. The Competition Bureau said Wednesday it has an agreement with Bayer to deal with “concerns that the proposed transaction would have significantly harmed competition […] Read more



Bayer cuts Monsanto synergy target on divestments

Bonn | Reuters — Bayer said positive synergy effects from the planned takeover of U.S. seeds and chemical firm Monsanto would be about US$300 million below its previous target because it will sell more businesses than initially expected to get antitrust approval. Bayer CEO Werner Baumann again threw his weight behind the deal, despite higher […] Read more


BASF set to pick up Bayer’s Poncho, ILeVO treatments

Bayer’s seed treatments Poncho and ILeVO could soon have a new owner, as part of another deal with fellow German chemical firm BASF. BASF, which last October agreed to buy several Bayer CropScience assets including its global glufosinate-ammonium herbicide business and LibertyLink trait, announced another 1.7 billion-euro (C$2.65 billion) deal Thursday for an additional package […] Read more



Bayer gets U.S. approval to buy Monsanto: report

Reuters — German drugs and pesticides group Bayer has reached a deal with the U.S. Justice Department for antitrust approval for its US$62.5 billion bid to acquire Monsanto by agreeing to sell additional assets, the Wall Street Journal reported Monday. The Justice Department reached an agreement in principle with the two companies in recent days, […] Read more

Arkansas judge rules six farmers can spray dicamba

Chicago | Reuters — An Arkansas judge has ruled that six farmers in the state this summer can spray a weed killer made by Monsanto and BASF that was blamed for hurting millions of acres of U.S. crops last year. The decision is the latest twist in the saga surrounding dicamba-based herbicides and immediately sparked […] Read more