Bayer says will halt future U.S. sales of insecticide

The logo of Bayer AG is pictured at the Bayer Healthcare subgroup production plant in WuppertalBy Tom Polansek CHICAGO (Reuters) – The agricultural unit of German chemicals company Bayer AG will halt future U.S. sales of an insecticide that can be used on more than 200 crops after losing a fight with the U.S. Environmental Protection Agency, the company said on Friday. Bayer lost an attempt to continue sales of flubendiamide, marketed in the United States as Belt, after the EPA earlier found that it posed risks to the environment. Dana Sargent, Bayer&;s vice president of regulatory affairs, said the product was safe.

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