Bayer is signaling it has had enough of litigation, leaving the future of a crop protection tool in limbo.
Executives tell the Wall Street Journal they are nearing the end of the road for glyphosate, the main ingredient in RoundUp. CEO Bill Anderson says they are barely breaking even, and litigation costs often put them in the red.
More than 65,000 cases are pending against Bayer right now, and the company has around $16 billion set aside for settlements.
Anderson stands by glyphosate, saying it has been proven safe to use, even by the FDA. Bayer produces roughly 40 percent of the supply used by U.S. farmers.
Related Stories
RFD-TV’s own Tammi Arender was down on Broadway covering all the action at CMA Fest when she stumbled upon some apple farmers from North-Central Washington selling a new, must-try apple variety.
In this AARP Live Minute, Sarah Jennings shares three surprising benefits of meditation.
When discussing pollinators, most minds jump to bumblebees and butterflies. According to two new studies released in the United Kingdom, conservationists may need to adjust focus to include a very important nighttime pollinator: moths.
