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.
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