ADM sues Syngenta over rejections of GMO corn by China
Date:11-20-2014
Archer Daniels Midland(ADM)sued Syngenta AG on Wednesday over rejections by China of a genetically modified corn variety not approved for import by Beijing.
The lawsuit alleges that Syngenta commercialized the MIR162 corn variety, also known as Agrisure Viptera, without enacting reasonable stewardship practices to ensure the grain would not be shipped to markets that have not approved it.
More than 100 U.S. farmers and exporters have sued Syngenta for damages resulting from the Chinese rejections.
Syngneta said the lawsuit was without merit.