Monsanto, wheat farmers reach settlement

Monsanto, wheat farmers reach settlement

MONSANTO Co. has entered into a settlement agreement with soft white wheat farmers in the Pacific Northwest that resolves a number of lawsuits related to the May 2013 discovery of genetically modified wheat on a farm in eastern Oregon and subsequent temporary limits on certain exports of soft white wheat.

Under the settlement, and without any admission of liability, Monsanto has agreed to pay:

* A total of $250,000 to wheat

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