Kevin
Kevin McNew
FBN Economist
FBN Employee

Business

Bayer Force Majeure on Glyphosate?

Roundup manufacturer Bayer announced on Feb 14, 2022 they would declare Force Majeure on deliveries due to mechanical problems.

 

Has anyone been impacted by this directly? Did you have contracts with retailers that are now being canceled? Was a price established in those agreements?

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Charles
Charles Baron
FBN Employee

(edited)

Fortunately, FBN's supply chain team did a fantastic job by planning way ahead, developing our own independent supply chain, and keeping us fully stocked on glyphosate this season. The Bayer situation will not affect any FBN order placed by February 14, 2022. For orders placed by that date, we have ample inventory to serve member orders as originally promised.

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