GFM Network News


EU to ban Bayer’s Calypso insecticide

Brussels | Reuters — European Union governments on Tuesday widened the EU ban on neonicotinoid pesticides after deciding not to renew their approval for Bayer’s thiacloprid. Farmers will not be allowed to use the neonic insecticide, sold under the brands Calypso and Biscaya, after April 30, 2020, when its current approval expires. A majority of […] Read more

Big Ag wants a cut of booming fake-meat market

Winnipeg/Chicago | Reuters — Bunge, one the world’s biggest grain traders, recently disclosed the 1.6 per cent stake it had purchased in the fast-growing fake-meat startup Beyond Meat. The play looked smart after the stock surged more than 250 per cent since the faux burger and sausage maker’s initial public offering in May. Indeed, Beyond […] Read more


Elanco to buy Bayer’s animal health business

The deal will make Elanco the second largest veterinary medicine maker by revenue.

Elanco Animal Health has inked a deal to buy Bayer’s veterinary drug unit for U.S. $7.6 billion. The deal, subject to regulatory approval, will make Elanco the second largest veterinary medicine maker by revenue, an Elanco press release notes. It also strengthens Elanco’s cattle business, doubles its pet business and combines Bayer’s e-commerce and retail […] Read more






Bayer cancels plans to sell U.S. crop product in 2020 over safety concerns

Chicago | Reuters – Bayer AG has scrapped plans for wide sales next year of a chemical that is intended to protect U.S. crops from yield-robbing worms, citing ongoing safety concerns. The decision is the latest setback for Germany-based Bayer following its acquisition of Monsanto for $63 billion in 2018. Bayer is separately battling thousands of lawsuits claiming Monsanto’s glyphosate-based […] Read more



Juror urges judge to uphold US$80M Roundup verdict

Reuters — A juror who was part of a panel that delivered a US$80 million award against Bayer AG after finding that its glyphosate-based weed killer Roundup caused a man’s cancer has urged the presiding judge to uphold the decision. A letter from the juror written on July 4 was posted to the court docket […] Read more

Judge to slash US$80 million Roundup jury verdict

Reuters — A U.S. judge on Tuesday said he would reduce a US$80 million damage award against Bayer to US$50 million or less in the case of a man who blamed his cancer on glyphosate-based herbicide Roundup. U.S. District Judge Vince Chhabria in San Francisco said the jury’s $75 million punitive damages award to plaintiff […] Read more