In a webinar for investors, Bayer CropScience President Liam Condon said the company’s glyphosate plant at Luling, Lousiana was shut down due to Hurricane Ida. The plant is now back up and running, “but we have lost five weeks of production.” Supply chain disruptions have influenced the availability and cost of farm inputs. Condon told investors that would not impact the company. “The whole industry is seeing higher input costs, but our strategy has always been to pass on inflation clearly into the market; that is the only way to maintain a sustainable business.” Bayer said its Roundup Ready 2 Xtend Crop System was used on 15 million acres this year. In corn, corn rootworm technology is being introduced as part of Bayer’s SmartStax PRO trait. The sales rollout for 2020 is already underway.
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