Bayer officials announced Monday a supplier for their widely used herbicide glyphosate is experiencing issues which may hamper Bayer’s supply of the product. The issue is the result of a “mechanical failure” in addition to already tight supply in global crop chemical markets. Bayer distributed a letter to industrial customers alerting them of the supply issue, deeming it a force majeure. The declaration suspends a supplier’s contractual liabilities in light of disruptions beyond its control. Bayer estimates that repairs at the supplier would take about three months. Well-known Bayer brands such as Roundup and RangerPro are expected to be impacted by the news.
Read more on the glyphosate production issue and Bayer’s handling of the situation here.
