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Jun 24, 2015

Monsanto to invest more than $1 bln in dicamba herbicide production

June 24 (Reuters) – Monsanto Co’s efforts to expand
its agrichemical interests beyond what has long been its
bread-and-butter glyphosate herbicide business were underscored
on Wednesday by news the company plans to invest potentially
more than $1 billion in a production facility for an alternative
herbicide.

Monsanto officials expect to spend the money over the next
three to five years expanding a plant in Luling, Louisiana, to
produce the weed-killing agent called dicamba. Luling has been a
key location for glyphosate production for years.

Jun 24, 2015

Monsanto beats with third-quarter profit, says still wants Syngenta

By Carey Gillam

(Reuters) – Monsanto Co (MON.N: Quote, Profile, Research, Stock Buzz), the world’s largest seed company, reported a better-than-expected profit for the third quarter on Wednesday but warned of market challenges ahead, and said it continues to pursue the acquisition of Swiss rival Syngenta AG (SYNN.VX: Quote, Profile, Research, Stock Buzz).

Monsanto, known for its genetically engineered corn, soybeans and other crops as well as its popular Roundup herbicide, said for the quarter it made $1.14 billion, or $2.39 a share, up from $858 million, or $1.62 a share, a year earlier.

Jun 24, 2015

Monsanto beats with 3rd qtr profit, says still wants Syngenta

June 24 (Reuters) – Monsanto Co, the world’s largest
seed company, reported a better-than-expected profit for the
third quarter on Wednesday but warned of market challenges
ahead, and said it continues to pursue the acquisition of Swiss
rival Syngenta AG.

Monsanto, known for its genetically engineered corn,
soybeans and other crops as well as its popular Roundup
herbicide, said for the quarter it made $1.14 billion, or $2.39
a share, up from $858 million, or $1.62 a share, a year earlier.
Analysts, on average, were expecting $2.07 a share, according to
a survey by Thomson Reuters I/B/E/S.

Jun 22, 2015

WHO unit finds 2,4-D herbicide ‘possibly’ causes cancer in humans

By Carey Gillam

(Reuters) – A widely used farm chemical used as a key ingredient in a new herbicide developed by Dow AgroSciences “possibly” causes cancer in humans, a World Health Organization research unit has determined.

The classification of the weed killer, 2,4-dichlorophenoxyacetic acid, known as 2,4-D, was made by the WHO’s International Agency for Research on Cancer (IARC).

Jun 22, 2015

Groups urge tighter controls as U.S. considers GMO crop regulation

June 22 (Reuters) – Dozens of consumer and food groups and
businesses asked the U.S. government on Monday for tighter
regulation of genetically engineered crops, calling the current
system a “failure.”

The U.S. Department of Agriculture has said it was
considering changes to the way it regulates biotech crops and
set a public comment period that expired Monday.

Jun 22, 2015

Tighter controls urged as USDA eyes regulation of GMO crops

By Carey Gillam

(Reuters) – Dozens of consumer and food groups and businesses filed recommendations with the U.S. Department of Agriculture on Monday seeking tighter regulation of genetically engineered crops and calling the current system a “failure.”

The USDA has said it is considering changes to the way it regulates biotech crops and set a public comment period that expires today.

Jun 21, 2015

Suspect arrested in fatal shooting of New Orleans policeman

By Suzannah Gonzales and Carey Gillam

(Reuters) – New Orleans police said on Sunday they had arrested the man suspected of shooting dead a city police officer who was transporting him to jail a day earlier.

Police said Travis Boys, 33, who was handcuffed, managed to grab a gun and fatally shoot Officer Daryle Holloway before escaping the police cruiser which crashed into a utility pole.

May 30, 2015

Kansas hospital monitoring patient for possible Ebola infection

By Carey Gillam

(Reuters) – The University of Kansas Hospital said on Friday it was monitoring a patient for a possible Ebola infection after he returned from the West African nation of Sierra Leone and developed a fever.

“The patient is extremely low risk. It’s just the fever that tipped the balance,” Dr. Lee Norman at University of Kansas Hospital in Kansas City, Kansas, told a news conference.

May 29, 2015

Agribusiness nervous as WHO cancer unit analyzes popular pesticide

By Carey Gillam

(Reuters) – The World Health Organization is set to examine
a widely used pesticide and agribusiness is bracing for bad
news, less than three months after the group classified another
popular herbicide as “probably” cancer-causing.

Twenty-four scientists representing WHO’s International
Agency for Research on Cancer (IARC) are set to analyze
scientific findings regarding links between cancer in humans and
the herbicide known as 2,4-D at a June 2-9 meeting in Lyon,
France.

May 28, 2015

U.S. EPA proposing temporary pesticide-free zones for honeybees

May 28 (Reuters) – U.S. environmental regulators on Thursday
proposed a rule that would create temporary pesticide-free zones
to protect commercial honeybees, which are critical to food
production and have been dying off at alarming rates.

The restrictions would cover times when specific plants are
in bloom and when commercial honeybees are being moved through
certain areas, EPA officials said.

    • About Carey

      "Generalist/Commodities, with responsibilities for coverage of agricultural markets, issues and companies, including Monsanto and DuPont; as well as general and political news; and equities coverage of trucking and rail companies. Provide backstop for Treasury as needed."
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