The 2016 acquisition by Bayer of seed and chemical giant Monsanto has turned out to be a rotten deal. Shares in the German company have fallen 30 percent since the $63 billion deal closed, and are now at just 50 percent of their value in 2015, when the company was Germany’s most valuable.
The GMO wheat discovered growing wild in a Washington State field this spring actually sprouted from two different strains developed by Monsanto, the USDA announced over the weekend. Genetically engineered wheat is not approved for cultivation anywhere in the world, yet "volunteer" herbicide-resistant plants have been confirmed four times in the U.S. Northwest more than a decade after field trials ended.
The USDA has never approved cultivation of genetically engineered wheat, yet for the fourth time since April 2013 a wheat strain resistant to the weedkiller glyphosate was found growing wild in the northwestern United States. The discovery could disrupt wheat exports and it raises questions about USDA's ability to police agricultural biotechnology.
Dicamba-tolerant corn seeds aren’t available yet. But if the seeds reach the market, and tens of millions more acres are sprayed with dicamba, there’s good reason to expect a repeat of the soybean disaster, in which the highly volatile weedkiller drifted off-target and damaged 5 million acres of conventional soybeans and an untold number of other crops.(No paywall)
The controversial weedkiller dicamba, which has wreaked havoc in soybean country over the last two years, is dividing communities and pitting neighbor against neighbor as the 2019 growing season gets underway. FERN's latest story, a radio piece produced with Reveal and the podcast Us & Them, takes listeners inside these divided communities in Arkansas.(No paywall)
Sen. Elizabeth Warren announced her agriculture policy platform Wednesday, three days before she is set to participate in a Democratic presidential candidates’ forum in rural Iowa. The platform calls for curtailing consolidation in agriculture by breaking up big agribusiness companies, reversing agriculture mega-mergers, and more. (No paywall)
In a trial that could serve as a bellwether for other cases, a federal court jury decided unanimously that a Monsanto herbicide was a substantial factor in causing cancer in Edwin Hardeman, of Santa Rosa, Calif, reported the Guardian. In the next phase of the trial, the jury will weigh liability and whether to award damages against Monsanto.
Arkansas regulators voted on Wednesday to relax restrictions on the controversial weedkiller dicamba, despite testimony from top scientists and scores of concerned citizens who urged them to reject the move in a public hearing. (No paywall)
A federal appeals court on the West Coast dismissed as moot a lawsuit by environmentalists to overturn the EPA's 2016 approval of the weedkiller dicamba. The Ninth Circuit U.S. Court of Appeals said the environmental groups could try again with a challenge to EPA's reapproval of the herbicide last November. (No paywall)