Posted by IaGary on November 26, 2015 at 04:16:13 from (108.160.236.246):
Background--
Back in 2013 GMO corn seed was sold by Syngenta before being approved for export to China. The corn was grown and mixed with other grain and shipped to China anyway. This resulted in China rejecting the corn because it tested positive for the GMO trait that had not been approved. It was mainly an excuse to get out of the contract to buy by China because corn price had dropped and they could buy cheaper corn.
Some thought the China rejection caused the market to drop even farther and decided to sue Syngenta. The lawyers jumped all over this and asked farmers to jump on board in the suit. No costs to farmers but the lawyers would get about 40% of the money if they won the suit that claim it cost the farmers money. After the lawyers took their 40% share the farmers would split the rest depending on the bushels of grain each produced.
A few months after the rejection by China, China approved the GMO Trait.
Lawyers have been contacting farmers trying to get as many names on the suit that they can.
New updates---
As of a few days ago Syngenta is suing ADM and Cargill for delivering corn to China that had not yet been approved for import. Claiming they knew it had not been approved before they shipped. So another lawsuit for lawyers to cash in on.
What happens if ADM and Cargill decide to sue the farmers who grew and delivered the corn to them for export knowing that it had not been approved when they planted the seed? The growing farmers were told this when planting the GMO seed.
I am glad I did not sign on with the suit. That way my name is not on the list.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
