Bayer Disappointed with Monsanto Rejection

Cindy Zimmerman

Bayer AG officials are “disappointed in Monsanto’s decision to reject its increased all-cash offer of USD 125 per share” made public last week. Monsanto’s Board of Directors unanimously rejected Bayer’s proposal as “financially inadequate and insufficient to ensure deal certainty.” The offer represents a 40 percent premium over Monsanto’s closing share price on May 9, 2016. In addition, Bayer has …

Agribusiness, Bayer, Monsanto

Bayer Increases Monsanto Offer

Cindy Zimmerman

Bayer has increased its all-cash offer to acquire Monsanto to USD 125 per share after additional information received in private discussions. Over the past several weeks Bayer has engaged in private talks with Monsanto. Following receipt of additional information Bayer has raised its all-cash offer to Monsanto shareholders from USD 122 to USD 125 per share verbally on July 1 …

Agribusiness, Bayer, Monsanto

New Partnerships for @MonsantoCo

Kelly Marshall

Monsanto Company has formed two new partnership agreements.  One targets weed control solutions while the other focuses on genome-editing. Under an agreement with TargetGene Biotechnologies LTD, Monsanto receives an exclusive license for TargetGene’s Genome Editing Engine (T GEE).  “TargetGene is pleased to be working with Monsanto to enable the next generation of agricultural innovation through the application of our genome-editing …

Agribusiness, Biotech, Herbicide, Monsanto, weeds

DuPont, Monsanto Reach Licensing Agreement for Brazil

Kelly Marshall

DuPont Pioneer and Monsanto have agreed to work together to provide additional choices for Brazilian soybean farmers.  Pioneer will receive a royalty-bearing license for Monsanto’s Intacta RR2PRO soybean technology under the new agreemnt.  The license is subject to approval by the Brazilian regulatory authority and financial details have not been disclosed. “DuPont Pioneer looks forward to bringing the Intacta insect …

Agribusiness, Dupont, Monsanto, Pioneer, Soybean

Monsanto Rejects Bayer AG Bid

Cindy Zimmerman

Responding to a $62 billion acquisition offer from Bayer AG, Monsanto Company has announced that its Board of Directors views the proposal as “incomplete and financially inadequate, but is open to continued and constructive conversations.” In a company release, Monsanto chairman and CEO Hugh Grant gave a short statement. “We believe in the substantial benefits an integrated strategy could provide …

Agribusiness, Bayer, Monsanto

Bayer Discusses Bid to Acquire Monsanto

Cindy Zimmerman

Top Bayer company representatives held an international press conference this morning to discuss the contents of its private proposal to acquire Monsanto. In a May 10 proposal, Bayer made an all-cash offer to acquire all of the issued and outstanding shares of common stock of Monsanto Company for $122 US per share or an aggregate value of $62 billion. “We …

Agribusiness, Audio, Bayer, Monsanto

Monsanto Announces Farm Mom of the Year

Kelly Marshall

Monstanto‘s latest announcement is just in time for Mother’s Day.  After two weeks of online voting, Mary Courtney has been named Farm Mom of the Year. Courtney farms with her husband, Shane and grows corn, soybeans, burley tobacco, mixed vegetables, green bell peppers, eggplant, cucumbers, squash and zucchini, specialty peppers and seedless watermelon, along with cattle. Mary was one of …

Agribusiness, American Agri-Women, Monsanto, Women

I AM USFRA – Monsanto

Cindy Zimmerman

The U.S. Farmers and Ranchers Alliance (USFRA) is composed of almost 100 agricultural organizations and agribusinesses, including some of the largest companies in the industry because they know how important it is to help consumers better understand how their food is produced. It’s pretty safe to say that no company or sector of the agriculture industry has been the target …

Audio, Monsanto, USFRA

Monsanto Announces Farm Mom Winners

Kelly Marshall

A new crop of “Farm Moms” has sprung up at Monsanto.  Five outstanding women have been selected as regional winners in the 2016 Farm Mom of the Year contest. “Once again we are so honored to have read nominations for hundreds of the strongest, kindest and most passionate women when it comes to their families, farms, communities and agriculture,” says …

Agribusiness, Award, Monsanto, Women

EPA Proposes Dicamba Registration for GE Crops

Cindy Zimmerman

The Environmental Protection Agency (EPA) has officially proposed the registration of dicamba to control weeds in cotton and soybean genetically engineered (GE) to tolerate the herbicide. The proposal outlines a Herbicide Resistance Management Plan which includes monitoring and reporting any suspected resistance, grower education and remediation. Additionally, EPA is proposing to limit the registration to 5 years, which would further …

Crop Protection, EPA, Monsanto