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as the burden from its takeover of Monsanto Mounts Buyer has reported impairment charges of $10.8 billion the costs of being driven by weaker demand from farmers due to low bio fuel prices as well.
A settlement costs over claims it's roundup.
Weedkiller causes cancer, the German headquartered firm reported on Monday a loss before interest and tax of about $11 billion in the third quarter.
Buyer was caught up in litigation over round up based on the herbicide glyphosate as a result of its 2018 takeover off Monsanto.
The $63 billion deal made it the world's largest supplier of seeds and pesticides in June this year by a struck an outline agreement with US plaintiffs that was costed US $11 billion but a judge later took issue with a side arrangement on future cases that may still be lodged.
The company added that a massive depreciation of the Brazilian currency was weighing heavily on business, too.
Brazil is the world's second largest agricultural market by A.
