Glyphosate supply issues

THE CROP PROTECTION industry is closely monitoring global glyphosate supplies after Bayer was forced to call a Force Majeure event.
Queensland Country Life reports this was after a supplier of raw materials used to make glyphosate suffered a serious mechanical fault in its plant.
Force majeure is a legal term for an event that constitutes unforeseeable circumstances that prevent someone from fulfilling a contract.
Bayer’s global head of active ingredient manufacturing Udo Schneider said the company’s ability to supply glyphosate or glyphosate-based products as per agreements could be impacted.
The global crop protection industry is experiencing historically tight supply due to challenging trade flows and effects of the pandemic. They have continued to put pressure on already tight supplies, which will mean further disruptions to the supply chain will put even more strain on the market.
News reports indicate the issues at the raw materials plant may extend for as long as three months.