$400 Million Dicamba Settlement Agreement Reached
Monsanto’s successor Bayer AG has agreed to pay up to $300 Million to soybean producers and additional amounts to producers of other non-soybean and specialty crops who have suffered dicamba damage from dicamba sprayed ‘over the top’ of dicamba tolerant soybeans or cotton between 2015 and 2020. Bayer has agreed to pay attorneys fees, litigation expenses and claims administration expenses and other costs in addition to the amounts provided to qualified claimants. The total settlement value is expected to...