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A U.S. federal court rejected Bayer's proposed $2 billion class settlement covering future Roundup glyphosate claims. Bayer then announced a five-point plan that includes reviewing residential use of the product.
The company will continue to supply glyphosate for professional and agricultural use.
The litigation concerns herbicide liability rather than grain supply or demand, so it has little direct effect on feed commodity prices.
aglaw.psu.eduJackie SchweichlerJun 8, 2021After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
