File photo of a Mississippi soybean field with glyphosate-resistant amaranth. (Yanbo Huang photo courtesy ARS/USDA)

Bayer scraps plans for U.S. dicamba production

Move unrelated to court ruling, company says

Chicago | Reuters — Bayer said on Tuesday it will scrap a nearly US$1 billion project to produce dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of dicamba-based herbicides. The German-based company is moving to save cash as it wages an expensive legal battle […] Read more



Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Proxy advisers split over endorsing Bayer management

Chemical giant to host AGM April 28

Frankfurt | Reuters — Shareholder advisory groups are divided over whether to endorse the management and directors at German drugs and pesticides company Bayer, according to recommendations submitted by proxy voting firms. Bayer is due to host its annual general meeting on April 28 but the company still faces potentially huge litigation risks stemming from […] Read more

(Dave Bedard photo)

New Brunswick postpones pesticide use hearings

Deadline extended for written submissions

The New Brunswick government’s planned public hearings on the use of glyphosate and other pesticides are postponed, and more time is being granted for the public to file written briefs. The provincial legislature’s all-party standing committee on climate change and environmental stewardship on Feb. 5 announced it would hold hearings in Fredericton March 24-27 “on […] Read more


(Dave Bedard photo)

Bayer reported inching toward glyphosate settlement

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

Bayer CEO Werner Baumann speaks on May 25, 2018 during the company’s annual shareholders’ meeting in Bonn. (File photo: Reuters/Wolfgang Rattay)

Pressure on for Bayer CEO to fix legal problems as chairman quits

Frankfurt | Reuters — The departure of Bayer chairman Werner Wenning will turn up the heat on CEO Werner Baumann to resolve the healthcare to agriculture group’s legal problems, two of the firm’s biggest German shareholders said on Wednesday. Bayer’s shares have plunged about a quarter in value since August 2018, when the company lost […] Read more


(Dave Bedard photo)

Bayer considers new tactic in Roundup settlement talks

Reuters — As Bayer tries to settle U.S. lawsuits claiming that its Roundup herbicide causes cancer, the company is considering a proposal that would bar plaintiffs’ lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter. Bayer has said it is engaged in mediation to resolve the […] Read more




(Dave Bedard photo)

Roundup cancer trial postponed to continue settlement talks

Reuters — Bayer AG said on Friday it has reached an agreement with plaintiffs’ lawyers to postpone a Missouri jury trial over allegations its herbicide Roundup causes cancer, to provide room for negotiations to settle the litigation. “While Bayer is constructively engaged in the mediation process, there is no comprehensive agreement at this time. There […] Read more