Bayer is reporting a third quarter loss of $3.2 billion. That’s down from profits of $1.2 billion one year ago. Sales were down 14 percent, which was influenced largely by what was happening in the Cropscience division in North America. When corn acreage declined, Bayer faced a huge number of product returns. Coronavirus, currency challenges and the ongoing litigation over the use of glyphosate share the blame for the losses in Bayer’s agricultural business.
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