Cash-strapped US farmers switch to generic crop chemicals, in blow to big manufacturers

By Yahoo! Finance   |   2 years ago
Cash-strapped US farmers switch to generic crop chemicals, in blow to big manufacturers

U.S. farmers are turning to cheaper generic pesticides and fungicides due to low incomes and grain prices, impacting agrichemical companies like Bayer. This shift is driven by cost-cutting measures amid a challenging farm economy, potentially affecting profits for Bayer and competitors like Syngenta and BASF.

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