Syngenta has been sued by corn sellers over its Agrisure Viptera corn, also known as MIR 162. The lawsuits seek damages stemming from China’s rejections of shipments of U.S. crops that contained Viptera corn. Syngenta is the world’s largest crop chemicals company, At the time shipments were rejected, the trait was approved for planting in the United States but not for import by China, which is a major corn buyer. The lawsuits accuse Syngenta of misleading the agriculture industry about the timeline for Chinese import approval and allege that the rejections of shipments resulting from the release of Viptura caused a reduction in corn prices. The National Grain and Feed Association has estimated China’s rejections have cost the U.S. agriculture industry at least $1 billion. As of Jan. 28, 762 lawsuits had been filed according to Syngenta’s recent SEC filing. BWO is evaluating claims against Syngenta for losses caused to U.S. corn sellers. If you sold corn at any time from Fall 2013 to present, contact BWO today at 800-371-8220 for a free case evaluation.

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