After 8 Years the Viptera Saga Comes to a Close

March 14, 2018 11:47 AM
 
The controversy surrounding Syngenta’s Agrisure Viptera is nearing a close as the company announced a $1.51 billion settlement to America’s farmers this week.

The controversy surrounding Syngenta’s Agrisure Viptera is nearing a close as the company announced a $1.51 billion settlement to America’s farmers this week. The journey to this decision has been long and arduous for all parties involved.

This settlement comes after years in court with farmers and grain handlers. Plaintiff parties asserted that Syngenta’s introduction of Viptera prior to Chinese approval, and subsequent barge rejection, lead to depressed corn prices. Syngenta has long argued that the product was approved in the U.S. and that China was not considered a major trade partner at the time, making the move justified.

 In the timeline below you’ll get a better idea of everything that’s happened with Viptera (MIR162).


(Christopher Walljasper/Farm Journal)

Back to news


Comments

 
Spell Check

C.K
bad axe, MI
3/15/2018 07:10 AM
 

  What are you going to do with your $.09 a bushel ?

 
 
flying farmer
NEBRASKA CITY, NE
6/21/2018 09:30 AM
 

  Yet it will be years before any farmers ever see any checks on this.

 
 

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close