News Ticker:

7,000 Kansas Farmers vs. Syngenta Over GMO Corn Dispute

Thousands of Kansas farmers claimed in district court in Kansas City on Monday that Swiss agribusiness giant Syngenta rushed its genetically modified (GMO) corn seed to the U.S. market in 2010 before getting China’s approval for imports, which rejected shipments of the corn over GMO contamination and caused turmoil in commodity markets.

As Bloomberg explains, the plaintiffs claim that “this move, coupled with U.S. corn farmers’ inability to regain a foothold in China once other countries filled the void, almost wiped out the U.S. corn market for several years and continues to depress corn prices even today.”

The plaintiffs are seeking $200 million in lost sales, plus punitive damages.

Source: 7,000 Kansas Farmers vs. Syngenta Over GMO Corn Dispute

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