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Pipeline Foods LLC., U.S.-based supply chain solutions company focused on organic, non-GMO and regenerative food and feed, will acquire a 3.4-million-bushel grain elevator from ADM Company in Atlantic, Iowa.
A $289 million verdict against Monsanto (Bayer) was the first of what may be thousands of cases in the debate over whether Roundup causes cancer. Bayer’s CEO is trying to ease fears of Bayer investors.
Shares of Bayer slumped as much as 12 percent, the most since September 2011, in Frankfurt, Germany on Monday as investors respond to the guilty verdict in the Monsanto cancer case.
The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks.
The companies say the partnership will help farmers work with their seed dealer to make timely management decisions directly effecting profitability.
“Farmers have a right to be wary as all the magic beans and magic bullets they’ve purchased promising them yields and returns they could only dream of–well they were just that–dreams.”
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