Soybean farmers whose fields were injured by off-target dicamba movement in the past six years could file claims for compensation as early as late December, after the details of a $300 million settlement with Monsanto (now a subsidiary of Bayer) were finalized Wednesday.
 
The settlement is part of Bayer's efforts to settle ongoing lawsuits involving its herbicides, including multi-district litigation pending in the U.S. District Court for the Eastern District of Missouri over dicamba injury claims. The settlement was originally announced in June 2020, but the agreement was not signed until Wednesday, said Don Downing, an attorney with the St. Louis law firm, Gray, Ritter & Graham, who serves as chair of the court-appointed executive committee that negotiated the settlement.
 
The settlement will make $300 million from Bayer available to any soybean farmers who can document yield loss from dicamba injury between 2015 and 2020. (BASF was not part of the signed agreement).
 
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