corn barge

Syngenta, Minnesota farmers reach pending settlement in corn trait litigation

Settlement amount not disclosed.

Another class-action lawsuit related to the launch of Syngenta’s MIR 162 genetically modified (GM) corn traits has been settled, according to the company. The latest settlement involves more than 20,000 Minnesota farmers who alleged that they incurred significant economic losses after export bans were enacted due to the corn trait’s presence in shipments to China, where it was not approved. The farmers were seeking $600 million in damages, but the settlement amount was not

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TAGS: Business
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