FMC Corp. (FMC) said that it plans to challenge the Environmental Protection Agency's decision to deny an administrative hearing on the agency's action to revoke all U.S. food tolerances for carbofuran insecticide.
The company and a group of U.S. crop commodity associations will take legal action in U.S. federal court. FMC believes strongly there is no question that carbofuran meets all safety standards.
The company said, "EPA itself admitted that there are no safety concerns with carbofuran residues in food, or in imported crops. EPA's only alleged concern is with drinking water, but the concerns are based on an incorrect assumption that 100 percent of crops are treated with carbofuran, when in most cases only 1 percent or less is treated."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.