You may laugh at my title, but currently over 1,300 farmers have filed Federal lawsuits against Syngenta. The lawsuits stem from Syngenta’s Agrisure Viptera® which contains the MR162 genetic trait aimed at the control of armyworms.
Syngenta began selling the seeds in 2011 after gaining U.S. approval in 2010. Key trading partners approved the seed variety around the same time except for China, which did not grant approval till December 2014. If you have paid attention to the corn market over the past year or so, you can probably guess where this story is going. Today, let’s take a look at this ongoing litigation and where it currently stands.Read More