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Jul 14, 2015

Monsanto says panel to review WHO finding on cancer link to herbicide

By Carey Gillam

(Reuters) – Monsanto Co, whose Roundup product is one of the world’s most widely used herbicides, said on Tuesday it has arranged for an outside scientific review of a World Health Organization finding that the weed killer’s key ingredient probably causes cancer.

The WHO’s International Agency for Research on Cancer (IARC) said in March that it had concluded that the ingredient, called glyphosate, was probably carcinogenic after reviewing a range of scientific literature. [ID:nL2N0WM2I4]

Jul 9, 2015

Monsanto president tells farmers nothing to fear in Syngenta deal

DES MOINES, Iowa July 9 (Reuters) – Monsanto President Brett
Begemann on Thursday told U.S. soybean growers that if it buys
Syngenta, the combined company would be run out of the United
States and enough Syngenta operations would be shed to ensure
continued market competition for seeds and chemicals.

“There will be good competition. Whatever choice was
available before the transaction, if there is one, will be
available after the transaction,” Begemann said in a
presentation to the United Soybean Board (USB) in Des Moines,
Iowa.

Jul 7, 2015

Police search Indiana home of Subway pitchman Jared Fogle: reports

By Carey Gillam

(Reuters) – Authorities searched the Indiana home of Subway sandwich chain pitchman Jared Fogle on Tuesday, about two months after the executive director of his foundation was arrested on federal child pornography charges, local media reported.

Fogle, who is well known from his appearances on Subway television commercials extolling the health benefits of the company’s menu, was detained outside his home in the town of Zionsville as law enforcement agents removed electronics from the house, local news outlet WTHR reported.

Jul 2, 2015

White House directs GMO regulators to update, improve oversight

July 2 (Reuters) – The White House on Thursday directed the
three U.S. agencies that oversee biotech crop products to
improve and modernize their regulatory “framework” to boost
public confidence in a system that critics call a failure.

The order, announced in a statement by President Barack
Obama’s Office of Science and Technology Policy, followed
demands by consumers, food-related organizations and businesses
for tighter U.S. regulation of genetically modified (GMO) crops,
amid a nationwide debate over whether they should be labeled.

Jul 2, 2015

At least one dead after flooding, tornados hit Missouri

By Carey Gillam

(Reuters) – Missouri officials on Thursday said one person was dead and at least two more were missing after heavy rains, high winds and tornadoes raged across the state overnight.

Emergency crews found the body of one person who appeared to have been swept from their vehicle in flash flooding south of St. Louis, Missouri Highway Patrol spokesman Al Nothum said. Crews were still searching for at least two more people missing after their vehicles were found in the waters, he said.

Jun 30, 2015

DOJ cites missteps by police during Ferguson unrest: newspaper

By Carey Gillam

(Reuters) – Police responding to race-related protests and riots in Ferguson, Missouri, last summer made a series of missteps, including antagonizing crowds with attack dogs and military-style tactics, according to a U.S. report obtained by the St. Louis Post-Dispatch.

The Justice Department report is a summary of a longer report due this week, and reviews the actions of the police departments in Ferguson, St. Louis, and St. Louis County, along with the Missouri Highway Patrol, the Post-Dispatch said.

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).

    • 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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