Bayer's crop science division is increasingly turning to artificial intelligence in its battle against crop killing weeds, the company told Reuters. Weeds are growing resistant to the herbicides already on the market, and agribusiness companies like Bayer are in a desperate search for new modes of action to help farmers kill them. Bayer's Icafolin product will be its first new mode of action herbicide in some 30 years when it launches in Brazil in 2028.
Bayer's Preceon variety of short stature corn has been shown to withstand up to 75 mph winds (120 kph) in some trials, the company said on Tuesday, but could not withstand winds over 100 mph. That means the corn could still be damaged by extreme weather such as the derecho storm that hit the heart of the Corn Belt in August 2020, causing $11 billion of damage, according to National Oceanic and Atmospheric Administration.
A Pennsylvania judge on Tuesday drastically reduced a $2.25 billion verdict against Bayer AG (OTC:BAYRY), cutting it down to $400 million in a case involving a man who claimed he developed cancer from using the company’s Roundup weedkiller. The jury in the Philadelphia Court of Common Pleas had initially awarded John McKivison $250 million in compensatory damages and $2 billion in punitive damages, finding that his non-Hodgkin’s lymphoma was caused by long-term use of Roundup at his home. Howeve