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The Syngenta GMO corn lawsuit seeks to compensate U.S. corn farmers for market losses suffered as a result of Syngenta GMO corn becoming mixed into the U.S. corn supply. The lawsuits assert that corn farmers and related agriculture businesses suffered damages as a result of Syngenta pushing its GMO Agrisure Viptera® and Agrisure Duracade™ corn seed into the U.S. corn supply chain before the seeds were approved for importation into China. This resulted in a Chinese embargo against U.S corn.
The current litigation seeks compensation for corn farmers who did not plant Syngenta’s Viptera® or Duracade™ corn.
Background of the Syngenta GMO Corn Lawsuit
The United States is the world’s largest producer of corn, with approximately 80 million acres of land in corn production. A significant portion of the U.S. corn crop is exported, and prior to the Syngenta GMO corn controversy, China was the third largest export market for U.S. grown corn.
In 2009, Syngenta first developed corn seeds with a trait that enables plants to repel corn pests. Syngenta designed and sold Agrisure Viptera® and Agrisure Duracade™ seed corn varieties with this trait, even though China had a “zero tolerance policy” for corn with those genes. After aggressively marketing and selling these varieties of seed corn, Syngenta did nothing to keep the crops produced from those seeds separated from the rest of the U.S. corn supply.
In November 2013, China began rejecting U.S. corn shipments after its tests found that some shipments contained the Agrisure Viptera® variety. When China continued detecting trace amounts of the Viptera® strand in U.S. corn shipments, they stopped accepting all shipments of U.S. corn. The Chinese embargo of U.S. corn continued from November 2013 until December 2014.
Understandably, the Chinese embargo dramatically reduced demand for U.S. corn around the world. As a result, the price of U.S. corn crashed from a high of over 8 dollars per bushel in 2012 to less than 4 dollars per bushel by late 2014.
In January of 2014, the North American Export Grain Association (NAEGA) and National Grain and Feed Association (NGFA) sent a joint statement to Syngenta® urging it to immediately stop selling the subject GMO corn varieties until it was approved by all U.S. export markets. Syngenta® refused those requests.
As early as April 2014, the National Grain and Feed Association estimated that the Chinese embargo had cost grain companies alone $427 million, with a total economic loss of more than $1 billion.
By September 2014, The Wall Street Journal was reporting that China had rejected more than one million metric tons of U.S. corn. Shipments from January through July of 2014 were down 85% from the same period in 2013.
The impact of Syngenta’s actions on the U.S. corn industry is now estimated to exceed $2 billion dollars in economic losses.
Our Focus: Mississippi Corn Farmers Come First
Brad Morris Law Firm, PLLC is a Mississippi-based law firm, representing Mississippi-based farmers. Our focus in this litigation is clear: We want to make sure that Mississippi corn farmers are treated fairly in any settlement of the Syngenta GMO corn lawsuit.
The severe drop in corn prices caused by Syngenta GMO corn cost the U.S. corn industry billions of dollars in market value and threatened the livelihood of Mississippi corn growers. Corn farmers deserve to be compensated fairly for these damages, and Brad Morris Law Firm, PLLC is ready to assist Mississippi corn farmers with this process. That includes making sure any settlement terms are fair to local farmers.
Each and every Mississippi corn farmer deserves fair compensation for the economic damages caused by Syngenta.
If you are a Mississippi corn farmer, it is important that you have an Oxford mass torts attorney focused on your rights and best interests in this litigation. Parties from different regions who are impacted by different factors will eventually seek settlement terms that advance their own agendas. It is only natural in litigation of this scale.
Whether the litigation is certified as a traditional class action or proceeds as multi-district litigation, it is important that you have your own representation in this matter.
Brad Morris Law Firm, PLLC is focused solely on representing the best interests of Mississippi corn farmers in the Syngenta GMO corn lawsuit. Mississippi corn farmers, cropland owners, and agricultural businesses can count on Brad Morris Law Firm, PLLC to effectively represent their interests in the emerging Syngenta GMO corn lawsuit.