Stop the rot!
OPINION: Bayer Crop Science closing its Hastings research site could be the tip of the iceberg.
While courts around the world argue through claims herbicide Roundup is carcinogenic, Bayer has agreed to pay out US$10.9 billion to settle US-based lawsuits.
The German company that owns Roundup suggests this will bring closure to around 75% of the litigations, said to number in excess of 125,000 claims.
However, Bayer chief executive Werner Baumann said in a statement that, based on the extensive body of science, the company does not accept that the glyphosate-based weed killer causes cancer.
“First and foremost, the Roundup settlement is the right action at the right time for Bayer to bring a long period of uncertainty to an end,” says Baumann.
The company says the settlements “contain no admission of liability or wrongdoing”.
Roundup was originally manufactured by US chemical giant Monsanto, which Bayer acquired in June 2018 at a price of US$63 billion. Around the world, Bayer’s denial of a causal link to cancer is backed by several chemical regulatory authorities, including the US Environmental Protection Agency.
Plaintiffs claim that prolonged use of the weed killer has caused non-Hodgkin’s’ lymphoma and other cancers, but as recently as two weeks ago, a federal judge in California ruled that extensive scientific evidence does not support a cancer warning on the product.
Separately, Bayer will also pay out US$820 million to settle a case related to water pollution caused by its now banned, toxic chemical compound, polychlorinated bi-phenyl (PCB), and a further US$400 million to settle allegations that its dicamba-based herbicides caused crop damage through spray drift.
Said to be an effective herbicide for the control of broad-leaved weeds, Dicamba is now banned for use in the United States.
Three New Zealand agritech companies are set to join forces to help unlock the full potential of technology.
As the sector heads into the traditional peak period for injuries and fatalities, farmers are being urged to "take a moment".
Federated Farmers says almost 2000 farmers have signed a petition launched this month to urge the Government to step in and provide certainty while the badly broken resource consent system is fixed.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
Animal owners can help protect life-saving antibiotics from resistant bacteria by keeping their animals healthy, says the New Zealand Veterinary Association.
According to analysis by the Meat Industry Association (MIA), New Zealand red meat exports reached $827 million in October, a 27% increase on the same period last year.
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
OPINION: Are the heydays of soaring global demand for butter over?