Corn farmers and ethanol plants eligible for $1.51 billion Syngenta settlement

April 17, 2018 |

In Kansas, farmers who grew Viptera and Duracade varieties of corn between 2013 and 2017 are eligible for up to $22.6 million of the $1.51 billion settlement with Syngenta for selling GMO corn seed that was not yet approved by the Chinese government, while a whopping $1.438 billion will go to farmers who didn’t grow those varieties but whose corn was blocked due to the trade tiff. Ethanol plants will also get $19.5 million of the settlement but experts expect up to one third of the total settlement will go to attorney fees.

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Category: Fuels

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