Articles by Ludwig Burger | Manitoba Co-operator

Court blocks sales of dicamba in U.S.

Bayer says it's seeking new EPA registration for 2021

By GFM Network News, Ludwig Burger, Tom Polansek 2 days ago

Updated — Reuters — A U.S. appeals court has blocked Bayer from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product. A three-judge panel of the Ninth U.S. Circuit Court of Appeals ruled the U.S. Environmental Protection Agency (EPA) substantially

Crops

Bayer reporting progress in Roundup settlement talks

By GFM Network News, Ludwig Burger May 25, 2020

Frankfurt | Reuters — Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup herbicide causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases. The drugs and pesticides group is keen to draw a line under the legal dispute, which it

Crops

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

By GFM Network News, Ludwig Burger February 26, 2020

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

Crops

Bayer considers new tactic in Roundup settlement talks

By GFM Network News, Ludwig Burger January 31, 2020

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

Crops

K+S cuts output on weak potash demand

By GFM Network News, Ludwig Burger September 23, 2019

Frankfurt | Reuters — German mineral miner K+S will cut production of potash fertilizers, dragging core earnings lower, as a halt imposed by China on potash imports dampens global markets. “In the current weak market environment, which is further intensified by the continuing Chinese import bans on the standard potassium chloride product, adjusting production is

Livestock

Elanco to become No. 2 in animal health with Bayer deal

By GFM Network News, Ludwig Burger August 20, 2019

Reuters — Elanco Animal Health agreed to buy Bayer’s veterinary drugs unit on Tuesday in a cash and stock deal valued at US$7.6 billion (C$10 billion), creating the second largest maker of medicines for livestock and pets and expanding Elanco’s reach online. The deal is the latest in the fast-growing animal health market, which has

Crops

Bayer mediator dismisses report of Roundup settlement

By GFM Network News, Jonathan Stempel, Ludwig Burger August 11, 2019

New York/Frankfurt | Reuters — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11 per cent higher. “Bayer has not proposed paying $8 billion

Crops

Investors call for reprieve for Bayer bosses after AGM rebuke

By GFM Network News, Ludwig Burger April 29, 2019

Frankfurt | Reuters — Three of Bayer’s largest German investors said the drugmaker’s embattled management needed to stay at the helm to avoid further upheaval, despite their unease over a share price slump in the wake of the US$63 billion Monsanto takeover. The backing for CEO Werner Baumann comes after an unprecedented rebuke at the

Crops

Bayer shareholders vent ire over Monsanto-linked stock rout

By GFM Network News, Ludwig Burger April 26, 2019

Bonn | Reuters — Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s US$63 billion takeover of seed and chemical firm Monsanto. Several large investors said they will not support aspirin invesotr Bayer’s management in a key vote scheduled for the end of its

Crops

Bayer reaps profit lift from Monsanto

By GFM Network News, Ludwig Burger February 27, 2019

Leverkusen, Germany | Reuters –– Bayer’s US$63 billion purchase of seed and chemical firm Monsanto made its mark on the German company’s fourth quarter earnings on Wednesday, lifting profit and boding well for the peak season of its enlarged agriculture business. However, mounting litigation risks related to Monsanto still cast a pall over an adjusted

COVID concerns weigh on chicken farmers, processors

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

U.S. grains: Wheat falls as dollar bounces

GFM Network News

COVID concerns weigh on chicken farmers, processors

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

U.S. grains: Wheat falls as dollar bounces

Author Archives Ludwig Burger

Court blocks sales of dicamba in U.S.

Bayer reporting progress in Roundup settlement talks

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

Bayer considers new tactic in Roundup settlement talks

K+S cuts output on weak potash demand

Elanco to become No. 2 in animal health with Bayer deal

Bayer mediator dismisses report of Roundup settlement

Investors call for reprieve for Bayer bosses after AGM rebuke

Bayer shareholders vent ire over Monsanto-linked stock rout

Bayer reaps profit lift from Monsanto

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