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Thursday, June 30, 2016

European Commission Extending Glyphosate License

The European Commission is extending its approval of the herbicide ingredient glyphosate. The Commission will extend the license for 18 months, a move that was earlier proposed to allow time for more research on glyphosate. The Commission announced the extension after several rounds of failed talks within the European Union. The license was set to expire June 30th (today) without action. Expiration would have barred the use and sale of glyphosate throughout the EU and require a phase-out of products containing glyphosate. American Soybean Association President Richard Wilkins says the extension “gives U.S. farmers and exporters the assurance that they will at least have access to the European market for that period of time.” Some fear the ban of glyphosate could lead to export issues between the U.S. and the EU.