
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.
Setelah 480 peristiwa perdagangan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.