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Syngenta agreed to pay $1.5 billion to settle a class action by US corn producers. The suit claimed its commercialization of GMO corn seed led China to reject US corn imports for about a year from November 2013.
The settlement still needs approval from a federal judge in Kansas City.
The settlement compensates US corn growers and handlers for lost Chinese export demand, but it does not change current corn supply or demand. Its market effect is limited to sentiment and grower finances.
agri-pulse.comSteve Davies12 mar 2018Tras 480 eventos neutral de comercio pasados, Maíz se movió una mediana de +0,2 % en 5 sesiones (54% al alza; mitad central entre -1,1 % y +1,6 %), y +0,7 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
