Hernia Mesh Device Recalls
Taxotere Hair Loss Lawsuits
Talcum Powder Lawsuits
Metal Hip Lawsuits: Depuy | Stryker | Wright | Other
Personal Injury Lawyer - TheLawfirm.com

Free case review

1-855-464-0808
facebook logo google+ logo twitter logo youtube logo

car-accident-tab-blank

wrongful-death-tab-blank

defective-drugs-tab-blank

defective-hip-tab-blank

elderly-abuse-tab-blank

Free Case Review

blank-spacer

 

Corn seed mdl

Syngenta’s New Seed Wrecked Overseas Market for U.S. Corn, Farmers Claim

June 7, 2017
In a Multi-District Litigation (MDL) case in Kansas, a group of corn farmers allege that the launch of a new corn seed by agribusiness giant Syngenta resulted in the closure of Chinese markets to American corn. The suit claims that Syngenta’s act resulted in $200 million in lost revenue for Kansas farmers.

In the suit, four farmers are representing some 7000 others, all of whom believe that Syngenta rushed its pest-resistant Viptera seed to market without considering the approval of Chinese agricultural regulatory agencies. China represents a major market for American corn, and when seeds of non-approved Viptera were discovered in 2013 export shipments, the nation enacted an immediate embargo of all U.S. corn.

Corn had been fetching $7 per bushel in 2013, but dropped to $5. Farmers allege that the closure of the Chinese market was the cause; Syngenta alleges that it was adverse weather conditions that caused Kansas farmers’ revenues to drop.

Viptera is a genetically modified seed that has been designed to resist the western bean cutworm, a pest that can inflict significant damages on corn crop yields.

If you feel you’ve been the victim of unfair business practices by Big Ag or Big Pharma, contact TheLawFirm.com. We specialize in these kinds of cases, and we can help.

Talk with an attorney now!

TheLawFirm.com’s award winning lawyers have been featured in over 50 radio and television interviews including: tv station logos

Real lawyers, real results!

no recovery, no fee!