DICAMBA MARKET ANALYSIS

Dicamba Market, By Form (Liquid and Dry), By Application (Post-Emergence and Pre-Emergence), By Crop Type (Cereals and Grains, Oilseeds and Pulses, Pastures & Forage Crops, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In May 2024, Bayer AG sought approval for dicamba herbicide as it presented revised guidelines for the application of the herbicide following a court ruling in February 2024 that invalidated the U.S. Environmental Protection Agency's approval of dicamba for certain uses. The proposed changes would permit farmers to apply dicamba on soybeans up until the emergence of seedlings. Bayer AG is a prominent German multinational corporation primarily engaged in the fields of pharmaceuticals, consumer healthcare, and agriculture.
In February 2024, the U.S. Environmental Protection Agency (EPA) issued an Existing Stocks Policy allowing the use of the over-the-top dicamba formulations on soybeans and cotton. The Environmental Protection Agency is an independent agency of the United States government tasked with environmental protection matters.