The Syngenta Problem
Syngenta’s corn trait MIR162 has made plants resistant to certain
pests. While this isn’t necessarily a bad thing, it has the potential
to injure the entire corn market if certain countries or world markets
reject this type of corn because of issues with this specific trait. By
limiting the market, you limit the amount of potential buyers. Simply
put: less markets = lower prices. That being said, it is believed that
every corn seller in the United States has suffered a loss between 2011
and 2014 because of the trait MIR162.
Call Us Today to Assess Your Potential
The USDA says 20% of U.S. corn is exported. In 2012/13, China was the 3rd largest export market for U.S. corn producers like you. This market for
U.S. corn, however, denied ALL U.S. corn because of the MIR162 trait.
This trait was not approved in China until January 17, 2014. Chinese rejection
of ALL U.S. corn caused an "injury to the market" which means,
even if you have never planted Syngenta corn with the MIR162 trait, you
may have suffered a financial loss. Because MIR162 corn was mixed and
combined together with all other U.S. Corn, all non-MIR162 corn was contaminated
and ALL U.S. corn shipments were denied by China.
In an article for the Fremont Tribute, Attorney Dave Domina explained:
Syngenta claims no market harm to U.S. farmers occurs, but common sense
suggests otherwise. This financial problem came about because Syngenta
decided to market its MIR162 corn to American corn farmers without disclosing
the risk of losing the Chinese export market even though it knew China
had not approved the trait.
The theory of the case is that ALL U.S. corn producers suffer a loss if
the nationwide price of corn fell due to the loss of the Chinese market.
It is thought Syngenta misinformed farmers, elevators, and exporters that
MIR162 approval by China was imminent and posed no problem for the corn
market. However, even after Syngenta's upper management knew better,
Syngenta continued to offer more MIR162 lines without disclosures. Even
if the grain is good for some uses, it was not exportable on satisfactory terms.
MIR 162 has been sold under these names:
Agrisure Viptera in 2009 and
Agrisure Duracade more recently.
Syngenta plans to release 52 new corn hybrids for 2015.
23 will be in the
Viptera line and
18 in the
Dave Domina holds an informational meeting on Syngenta and water law issues.
The Investigation and Claim
We are investigating claims against Syngenta and providing services to
all producers/sellers who need our help.
Every corn producer/seller is a potential claimant, and these cases will either be resolved as "mass actions" or
in a "class action" on behalf of U.S. corn producers and sellers.
We are currently identifying corn growers across the U.S., Syngenta corn
growers & Non-Syngenta growers, and preparing to handle your claims
for damage to the corn market and your reduced profits. Over time, marketing
records will be needed but are not required now.
The crop years involved so far are 2011 – 2014. The Nat'l Grain
& Feed Ass'n estimated that U.S. growers, grain handlers, and
exporters suffered losses up to $2.9 billion. Any dollars that can be
recovered belong in the pockets of U.S. corn sellers. Sign-up to protect
Are you a corn grower, grain handler, or exporter?