LINCOLN, Neb. (DTN) -- Monsanto has withdrawn a petition calling for antidumping duties while alleging glyphosate from China is being sold in the U.S. below fair-market value, after farm groups accused the company of abandoning farmers.

On Friday, Ruveon LLC said in a news release that it had reconsidered the petition it filed with the U.S. Department of Commerce and the International Trade Commission seeking duties on Chinese glyphosate imports, ranging from 68.9% to 446.47%.

Monsanto, which is owned by Bayer, filed the petition jointly with Ruveon LLC, Monsanto's wholly-owned subsidiary.

"As the sole American glyphosate producer, Ruveon takes very seriously its role in supporting American farmers' ability to feed, fuel and clothe the world," the company said in a statement.

"Since filing our petitions, we have engaged directly with farmers and agricultural trade associations to hear their perspectives. Today's decision reflects our commitment to putting farmers first and meeting their evolving needs, especially during this challenging farm economy. As one might expect, the pricing commitments we outlined in our July 1 open letter 'To our Customers and a Commitment to Growers' were contingent upon the relief anticipated by action on the petition."

Ruveon said it intends to keep the cost of glyphosate-based products based on the cost of production and "in line with our most recent three-year average." The company said that is contingent on production and energy costs like the present day.

"As a result of withdrawing them, we will continue with our current dynamic pricing approach, based on the price of generic glyphosate products in the market as we have done in the past," the company said.

Commodity groups responding to the news said Ruveon did the right thing for farmers.

"As we have highlighted multiple times in recent weeks and months, input costs are a top concern of growers and for good reason," said Jed Bower, president of the National Corn Growers Association and an Ohio farmer.

"Actions like the ones Ruveon planned to take would have made an already bad situation even worse. Farmers are the ones who purchase and use these products and too often we have felt that we, the customer, are of little importance. We strongly encourage all input providers to consider the full impact of their actions on growers, who are essential to the companies' bottom line."

The Monsanto petition came within days of Bayer's U.S. Supreme Court victory over glyphosate labeling.

Bayer/Monsanto is the only U.S. manufacturer of glyphosate and produces roughly 60% of glyphosate sold in the U.S. Last year, when Bayer executives warned they could discontinue selling Roundup because of the non-Hodgkin's lymphoma lawsuits, Bayer reported glyphosate generated $2.4 billion in revenue in 2024.

"We appreciate Ruveon's decision to withdraw the antidumping and countervailing duty petitions after listening to the concerns about affordability and access raised by ASA, soybean farmers, and other agricultural organizations," said Scott Metzger, president of the American Soybean Association and soybean farmer from Ohio.

"ASA provided extensive feedback to Ruveon following the filing of the petitions and again this week during our board of directors meeting. Ruveon's decision reflects the value they place on farmer customers who rely on access to affordable crop protection tools to remain productive and globally competitive."

Monsanto's petition came just one day after President Donald Trump issued a proclamation to suspend countervailing duties on Moroccan phosphate imports, which is a countervailing duty dispute commodity groups have been fighting to reverse for five years.

Farm groups pointed out major input suppliers are increasingly trying to restrict imports through antidumping and CVD cases. ASA noted a Texas A&M study projected the duties on phosphate cost farmers $6.9 billion over five years in higher fertilizer costs.

Corteva last year won countervailing duties against Chinese and Indian imports of 2,4-D as well. Those duties range from 5.29% to as high as 169.63%, depending on the company.

National Association of Wheat Growers CEO Sam Kieffer said the company's willingness to listen to farmers was much needed in helping them overcome numerous economic challenges.

"Farmers, more than most people, understand good years and bad years," Kieffer said in a statement.

"But we urge Ruveon to remember the sharp response they received from farmers in the last few weeks and refrain from extreme, upward price swings in the future. We don't begrudge input providers for seeking a return on their investment, but we also expect fairness and transparency in the marketplace."

Read more on DTN:

"Duties Sought on Imported Glyphosate," https://www.dtnpf.com/…

Todd Neeley can be reached at todd.neeley@dtn.com

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