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Syngenta loses US$218m verdict in first GMO trial test

Monday, June 26, 2017 - 05:50

The average US cash corn price has fallen 20 per cent since the 2013 Chinese ban on US shipments, while futures on the Chicago Board of Trade fell 15 per cent, according to data compiled by Bloomberg.


SYNGENTA was ordered to pay US$217.7 million to a group of Kansas farmers who claimed the company carelessly marketed its genetically modified corn seed, causing contamination of US crops and a rejection of export sales to China by officials there.

A Kansas jury issued

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