{"id":23157,"date":"2018-08-14T00:00:11","date_gmt":"2018-08-14T04:00:11","guid":{"rendered":"http:\/\/beyondpesticides.org\/dailynewsblog\/?p=23157"},"modified":"2018-08-13T19:10:44","modified_gmt":"2018-08-13T23:10:44","slug":"brazilian-judge-suspends-glyphosate-monsanto-stock-plunges-san-francisco-jury-orders-cancer-victim-paid-289-million","status":"publish","type":"post","link":"https:\/\/beyondpesticides.org\/dailynewsblog\/2018\/08\/brazilian-judge-suspends-glyphosate-monsanto-stock-plunges-san-francisco-jury-orders-cancer-victim-paid-289-million\/","title":{"rendered":"Brazilian Judge Suspends Glyphosate; Monsanto Stock Plunges after San Francisco Jury Orders Cancer Victim Paid $289 Million"},"content":{"rendered":"

\"\"(Beyond Pesticides<\/em>, August 14, 2018) A federal judge in\u00a0Brazil has ordered the suspension of the most widely used pesticide in the world, glyphosate. Under the ruling, new products may not be registered in the country until the Brazilian government reevaluates the herbicide’s toxicity. Glyphosate (Roundup) is used widely in Brazil on genetically engineered (GE) crops, which have been subject of concern in the country.<\/p>\n

This decision preceded a jury verdict last Friday<\/a> in San Francisco that handed a 46-year-old groundskeeper $289 million for compensatory and punitive damages associated with his non-Hodgkin lymphoma tied to glyphosate\/Roundup exposure. Monsanto, glyphosate’s manufacturer saw its stock plunge 14%, or approximately $11 billion, the next day, according to Bloomberg News. Monsanto told the Wall Street Journal<\/em> that it would appeal the decision. According to Therecorder<\/em>, “So far, more than 4,000 people have sued over Roundup, most in Missouri and California state courts. About 470 cases have been coordinated in California federal court as multidistrict litigation.” The San Francisco case was heard first because of the plaintiff’s poor health.<\/p>\n

The judge in Brasilia ruled on August 3, 2018 that new products containing the chemical could not be registered in the country and existing registrations would be suspended within the next 30 days until the government reevaluates their toxicology. The ruling has broad commercial implications for the chemical’s manufacturer, Monsanto, which markets glyphosate and glyphosate-tolerant GE soybeans, planted on a large scale in Brazil. Brazil is the world\u2019s largest exporter of soybeans. Certain glyphosate-tolerant GE corn and cotton strains have also been registered in Brazil. The decision, which could be subject to multiple appeals, also applies to the insecticide abamectin and the fungicide thiram.<\/p>\n

In addition to the San Francisco verdict, the woes for glyphosate and Monsanto\u00a0continue to escalate<\/a>. Last month, a federal judge in the U.S. ruled that hundreds of lawsuits against Monsanto by cancer survivors or families of those who died can proceed to trial, finding there was sufficient evidence for a jury to hear the cases that blame the company\u2019s glyphosate products for the disease. Monsanto also faces lawsuits from farmers who have been hit with crop losses as a result of dicamba damage<\/a>. Monsanto sold dicamba-tolerant GE seeds to farmers so that they can spray dicamba to control glyphosate-resistant weeds<\/a>, but dicamba drift<\/a> caused hundreds of complaints and thousands of acres of crop damages. Advocates\u00a0and victims of damage argue that Monsanto places profits ahead of possible damage to crops when it markets GE seeds.<\/p>\n

Glyphosate became a focus of media attention\u00a0following the 2015 World Health Organization\u2019s (WHO) International Agency for Research on Cancer (IARC) classification of\u00a0glyphosate as a \u201cprobable human carcinogen.<\/strong><\/a>\u201d Since then, Monsanto has been hard at work trying to undermine findings that show its flagship product, glyphosate, is anything other than \u201csafe.\u201d However, its attempts to\u00a0unduly influence<\/strong><\/a>\u00a0and undermine scientific research and\u00a0government review<\/strong><\/a>\u00a0of its product has been disclosed widely in the press. EPA recently closed the public comment period for the human health and ecological assessments for glyphosate. On April 30, 2018, the day the comment period ended, public interest, food safety, and environmental organizations delivered over 165,000 public comments to EPA, urging the agency to ban glyphosate. Concerns about cancer are compounded as tests continue to detect glyphosate in common foods like Cheerios and Pita Chips,\u00a0breast\u00a0milk<\/strong><\/a>, \u00a0German beers<\/strong><\/a>, \u00a0feminine hygiene products<\/strong><\/a>, and bread.<\/p>\n

Recently, the U.S. Department of Justice allowed two large agrichemical corporations, Bayer and Monsanto, to merge,\u00a0despite\u00a0strong voices of opposition from grassroots advocates<\/strong><\/a>\u00a0across the country, and\u00a0investigations by state attorneys general<\/strong><\/a>. Bayer is opting\u00a0to ditch Monsanto\u2019s name<\/strong><\/a>, possibly as soon as late summer, when the acquisition is expected to be completed.<\/p>\n

While federal oversight and regulation lag behind, environmental groups, like Beyond Pesticides, are urging localities to restrict or ban the use of glyphosate and other unnecessary toxic pesticides. Beyond Pesticides promotes these actions and many more through the\u00a0Tools for Change<\/strong><\/a>\u00a0webpage. This page is designed to help activists and other concerned citizens organize around a variety of pesticide issues on the local, state, and national level. Learn how to\u00a0organize a campaign<\/strong><\/a>\u00a0and talk to your neighbors about pesticides with our\u00a0factsheets<\/strong><\/a>.<\/p>\n

All unattributed positions and opinions in this piece are those of Beyond Pesticides.<\/em><\/p>\n

Source: Reuters<\/a>, Bloomberg<\/a>, Marketwatch<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

(Beyond Pesticides, August 14, 2018) A federal judge in\u00a0Brazil has ordered the suspension of the most widely used pesticide in the world, glyphosate. Under the ruling, new products may not be registered in the country until the Brazilian government reevaluates the herbicide’s toxicity. Glyphosate (Roundup) is used widely in Brazil on genetically engineered (GE) crops, which have been subject of concern in the country. This decision preceded a jury verdict last Friday in San Francisco that handed a 46-year-old groundskeeper $289 million for compensatory and punitive damages associated with his non-Hodgkin lymphoma tied to glyphosate\/Roundup exposure. Monsanto, glyphosate’s manufacturer saw its stock plunge 14%, or approximately $11 billion, the next day, according to Bloomberg News. Monsanto told the Wall Street Journal that it would appeal the decision. According to Therecorder, “So far, more than 4,000 people have sued over Roundup, most in Missouri and California state courts. About 470 cases have been coordinated in California federal court as multidistrict litigation.” The San Francisco case was heard first because of the plaintiff’s poor health. The judge in Brasilia ruled on August 3, 2018 that new products containing the chemical could not be registered in the country and existing registrations would be […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,6,68,10],"tags":[],"class_list":["post-23157","post","type-post","status-publish","format-standard","hentry","category-glyphosate","category-international","category-monsanto","category-pesticide-regulation"],"yoast_head":"\nBrazilian Judge Suspends Glyphosate; Monsanto Stock Plunges after San Francisco Jury Orders Cancer Victim Paid $289 Million - Beyond Pesticides Daily News Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/beyondpesticides.org\/dailynewsblog\/2018\/08\/brazilian-judge-suspends-glyphosate-monsanto-stock-plunges-san-francisco-jury-orders-cancer-victim-paid-289-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazilian Judge Suspends Glyphosate; Monsanto Stock Plunges after San Francisco Jury Orders Cancer Victim Paid $289 Million - Beyond Pesticides Daily News Blog\" \/>\n<meta property=\"og:description\" content=\"(Beyond Pesticides, August 14, 2018) A federal judge in\u00a0Brazil has ordered the suspension of the most widely used pesticide in the world, glyphosate. 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