Monsanto slammed with up to $7.5 billion in fees to farmers

July 9, 2012 |

In Brazil, Monsanto is facing up to $7.5 billion in payments to five million Brazillian soy farmers. Many have come together to sue the Ag Giant over a controversy regarding penalties placed on the farmers for reusing Monsanto’s genetically modified seeds. The Brazilian Supreme Court decided against Monsanto in mid-June, after a Rio Grande Do Sul judge ruled against the company in April. Since the decision, the number of plaintiffs has soared to five million.

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Category: Fuels

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