georgemiller
Publish Date: Mon, 12 May 2025, 12:44 PM

FRANKFURT, May 12 (Reuters) - Bayer (BAYGn.DE) , opens new tab said on Monday it would focus production, research and development of its Crop Science division in Germany on "strategic technologies" to react to competitive pressure.
"Manufacturers of generic crop protection products, particularly from Asia, have built significant overcapacity over recent years and are pushing onto the market with persistently low prices, some of which are below the manufacturing costs of crop protection products in Europe," the company said in a statement.
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https://www.reuters.com/markets/commodities/bayer-restructure-german-agriculture-activities-amid-asian-competition-2025-05-12/