GFM Network News


Elanco gets EU’s conditional antitrust OK for Bayer deal

Approval calls for sale of Vecoxan brand, among others

Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses,

EU cuts wheat production, export outlook for 2020-21

Reuters – The European Commission on May 28 sharply lowered its forecast for common wheat production in the European Union’s 27 member countries in 2020-21 to 121.5 million tonnes from 125.8 million estimated a month ago. That would be seven per cent below estimated EU-27 production of common wheat, or soft wheat, of 130.8 million


EU plans to halve pesticide use, expand organic farming

Brussels | Reuters — The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible. Agriculture is a contributor to climate change – producing around 10 per cent of EU greenhouse

EU sets out COVID-19 support for farmers

Moves meant to stabilize markets

Brussels | Reuters — The European Commission proposed measures on Wednesday to support farmers hit by the coronavirus restrictions, including aid to store surplus dairy and meat products. Under the proposals, the Commission will grant aid for private storage of milk powder, butter and cheese as well as beef, sheep and goat meat for a



EU nations back ban on all outdoor neonic use

Brussels | Reuters — European Union countries backed a proposal on Friday to ban all use outdoors of insecticides known as neonicotinoids that studies have shown can harm bees. The ban, championed by environmental activists, covers the use of three active substances — imidacloprid, developed by Bayer CropScience; clothianidin, developed by Takeda Chemical Industries and

Bayer to sell digital farming business to BASF

Frankfurt | Reuters — Germany’s Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto . Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of

Bayer wins EU approval for Monsanto buy

Brussels | Reuters — German conglomerate Bayer won EU antitrust approval on Wednesday for its US$62.5 billion buy of U.S. peer Monsanto, the latest in a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set to create a company with control of more than a quarter of the world’s seed and


German coalition deal sets no timetable to end glyphosate use

Hamburg | Reuters –– Germany’s draft coalition government deal includes a goal of ending use of glyphosate herbicide within the country, but gives no time frame, after Berlin swung a vote in November extending its use across the European Union. The timing of an end to glyphosate use has been highly controversial in Europe amid