Published time: March 19, 2015
Agrochemical giant Monsanto has settled class action lawsuits with farmers in seven states over genetically modified wheat incident in 2013. Without any admission of liability the company will pay some $350,000 in donations to agricultural schools.
The agricultural biotechnology corporation announced donations of $50,000 to agricultural schools in Kansas, Missouri, Illinois, Oklahoma, Texas, Louisiana and Mississippi. The St. Louis based company also promised to reimburse a portion of the costs associated with the case. Monsanto said it can’t disclose how much that will cost.
The settlement agreement with wheat farmers across the US stems from a number of lawsuits related to the May 2013 discovery of genetically-modified wheat on a farm in Eastern Oregon that resulted in temporary limits on certain exports of soft white wheat. Japan and South Korea…
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