In 2010, Syngenta began promoting and marketing its genetically-modified corn-seed, MIR 162, known commercially as Agrisure Viptera, in the United States. This corn seed was released by Syngenta to U.S. farmers despite the fact that it had not yet obtained import approval from China. In 2013, China closed its markets to U.S. corn based upon the presence of Syngenta’s MIR 162 in grain shipments.
The fiscal impact of Syngenta’s actions in prematurely releasing its corn seed has been devastating for corn farmers across America. Unsurprisingly, the price of U.S. corn has plummeted on the international market due to the lack of Chinese demand. Agricultural economists predict ongoing major financial losses for corn farmers for the foreseeable future.
Thousands of farmers across the country are joining the fight against Syngenta to recover their extensive damages. As lead counsel in litigation currently pending in Williamson County, Illinois, Meyers & Flowers is working to ensure that our farmers receive full and just compensation for their harms and losses.
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Understanding the Lawsuit against Syngenta
Syngenta® was formed in 2000 with the merger of Novartis Agribusiness and Zeneca Agrochemicals. It is one of the largest agribusiness corporations in the world and specializes in agrochemicals, agriculture biotechnology, genomic research, and seed production.
Since introducing MIR162 approximately five years ago, the company aggressively marketed the Viptera brand corn seeds throughout the United States, all while being unable to secure the proper import approvals from China, one of the largest corn importers in the world. According to the Los Angeles Times, China was expected to import a record 7-million tons of corn in the 2013-2014 season.
As crops were planted and harvested in 2011 and beyond, cross-pollination and cross-contamination began to affect the U.S. corn crop, exposing all corn farmers to major financial damages. For these farmers, initiating a lawsuit against Syngenta® is necessary to recover the profound damages they have incurred.
Syngenta®: A Threat to America’s Agriculture Industry
U.S. farmers have long been a leading producer and exporter of corn, with millions of acres dedicated to growing corn and millions of tons of grain harvested each year. When Syngenta® marketed MIR162 without proper import approvals in place, it left farmers without a market for their corn and adversely impacted the entire corn industry in the U.S.
The National Grain and Feed Association (NGFA) and North American Export Grain Association (NAEGA) even asked Syngenta® to withdraw MIR162 from the market because of the impact on American farmers. Notably, NGFA estimated America farmers to face damages of between $1 billion and $2.9 billion because of the drop in worldwide corn prices. Since releasing this estimate approximately two years ago, damages to our farmers continue to accrue into the 2016 growing season.
How Meyers & Flowers Can Help: the Syngenta® Lawsuit
If your farm grew and sold corn from November 2013 to the present, you could be entitled to significant damages. You did NOT need to plant Syngenta corn in order to have a claim. The law offices of Meyers & Flowers can help.
Meyers & Flowers has the expertise and experience to pursue litigation against large corporations such as Syngenta®. Our long record of excellence includes obtaining billions of dollars of awards on behalf of our clients. Contact us today to learn more.
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