17.02.2016 - 19:59 [ Truthout ]

US Farmers Allege Deception by Agrochemical Giant: The Case Against Syngenta

From Indiana to Louisiana, a movement among thousands of corn farmers in the United States is trying to hold a Swiss GMO agribusiness giant to account for willful deceit and is making steady progress in court. According to these lawsuits – which may soon become class action – Syngenta, one of the world‘s largest agrochemical companies, deliberately misled small farmers into thinking that the genetically modified Viptera corn it was pushing on them would be approved for export to China. When China‘s unpredictable import authorities held off on granting approval and then turned back a shipment that contained Syngenta‘s genetically modified crop, the glut of excess corn that farmers had on their hands caused prices to crash and resulted in nearly $6 billion in damages.