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.
Meat co-operative, Alliance has met with a group of farmer shareholders, who oppose the sale of a controlling stake in the co-op to Irish company Dawn Meats.
Rollovers of quad bikes or ATVs towing calf milk trailers have typically prompted a Safety Alert from Safer Farms, the industry-led organisation dedicated to fostering a safer farming culture across New Zealand.
The Government has announced it has invested $8 million in lower methane dairy genetics research.
A group of Kiwi farmers are urging Alliance farmer-shareholders to vote against a deal that would see the red meat co-operative sell approximately $270 million in shares to Ireland's Dawn Meats.
In a few hundred words it's impossible to adequately describe the outstanding contribution that James Brendan Bolger made to New Zealand since he first entered politics in 1972.
Dawn Meats is set to increase its proposed investment in Alliance Group by up to $25 million following stronger than forecast year-end results by Alliance.