Shaun Haney is in Germany this week as a guest of Bayer, celebrating 20 years of the company’s Invigor brand. This morning, I visited the BayKomm site in Leverkusen, Germany. The beautiful glass building holds not only some historical pieces from Bayer’s past but also a connection to the difference science makes on our daily… Read More
Tag: Bayer
Shaun Haney is in Germany this week as a guest of Bayer, celebrating 20 years of the company’s Invigor brand. During the Bayer InVigor 20th anniversary party we heard an address by Liam Condon, Bayer Crop Science CEO. He was fresh off a flight from Chicago where he was working on the acquisition of Monsanto…. Read More
Honeybees have played an important role in Canadian agriculture for decades, with past stressors and tough seasons humming along under the radar, for the most part. That all changed a few years ago when it became a political imperative to “save the bees.” Maryam Sultan, bee health associate with Bayer, recently discussed the subject of… Read More
By now, farmers are all too familiar with weed populations developing resistance to herbicides (sometimes more than one). Given what we know and understand about how resistance develops, how concerned should farmers be about diseases becoming resistant to fungicide applications? Scott Henry, with Bayer, sat down with Shaun Haney to break down this not-so-straight-forward topic. The… Read More
The third annual Global Youth Agriculture Summit will be held from October 9 to 13, 2017 in Brussels, Belgium. The 2017 summit is hosted by Bayer and two Belgian young farmers associations, Groene Kring and Fédération des Jeunes Agriculteurs. Canada will send four selected candidates to the summit, two of which will be chosen through… Read More
Monsanto shareholders approved the company’s sale to Bayer at a meeting in St. Louis on Tuesday. Based on preliminary counts, the company says approximately 99 percent of the votes cast were in favour of the $66 billion deal, which will see Monsanto shareholders receive $128 per share when the merger is finalized. “We are pleased we… Read More
Farmers and ranchers have always been interested in technology, especially if it enhances profitability. The rate of change of products and services coming to market is extremely fast. Silicon Valley and traditional agriculture businesses such as John Deere and Bayer are all trying to establish their footholds in the future of digital farming. At the… Read More
With the domino effect of agri-business mergers, farmers are wondering what a new version of the combined companies look like. With canola being a smaller crop globally, Bayer’s acquisition of Monsanto will likely not get much attention from the U.S. Department of Justice, but it could be of interest to the Canadian Competition Bureau. Canadian farmers are certainly… Read More
It’s hard to believe regulators would allow one company to own 95 percent of the canola traits on the market, but executives from Bayer and Monsanto are not offering any hints on whether they expect to be forced to divest canola seed assets as part of their proposed marriage. Both Robb Fraley, chief technology officer with… Read More
Canola grower organizations say Bayer’s proposed acquisition of Monsanto is “a cause of serious concern to Canada’s canola farmers” due to the consolidation that would occur in the canola seed, trait and crop protection markets. The Canadian Canola Growers Association, along with the Alberta Canola Producers Commission, SaskCanola, the Manitoba Canola Growers Association and Ontario… Read More
Bayer and Monsanto announced early Wednesday they have signed a deal that sees Bayer acquire Monsanto for US$66 billion, or US$128 per share. Monsanto’s Board of Directors, Bayer’s Board of Management and Bayer’s Supervisory Board unanimously approved the all-cash agreement. “We are pleased to announce the combination of our two great organizations. This represents a… Read More
The back and forth between Bayer and Monsanto continues, as the two crop input giants negotiate a possible takeover by Bayer. The German pharmaceutical and agriculture company has raised its offer price once again, to US$127.50 per share — up from $125 in early July and $122 in the initial proposal issued in May. In… Read More
The European Union has issued its long-awaited approval for three biotech traits in soybeans. Monsanto’s Xtend and Vistive Gold traits, as well as Bayer’s Balance GT soybeans, have been approved for import and food/feed use. Monsanto planned to introduce its dicamba and glyphosate-tolerant Xtend soybeans in Canada for the 2016 growing season, but seed was… Read More
Monsanto’s Board of Directors says Bayer’s latest offer to buy the company is still “financially inadequate and insufficient to ensure deal certainty.” Last week, Bayer said it had raised its bid to acquire Monsanto and addressed Monsanto’s concerns about regulatory and financing issues. The per-share cash offer was raised from US$122 to US$125. Bayer also… Read More
Bayer has boosted its formal offer to purchase Monsanto from US$62 billion to around US$65 billion, saying it has also addressed Monsanto’s concerns about financing and regulatory matters. The German pharmaceutical and agriculture company announced Thursday it formally submitted a proposal to Monsanto on July 9, raising its all-cash offer from US$122 to US$125 per… Read More