Home   > 1.5 Billion GMO Corn Trust Fund Settled - No More Claims Accepted

1.5 Billion GMO Corn Trust Fund Settled - No More Claims Accepted

Over 100k corn farmers, as well as ethanol plants and grain trading facilities, were eligible to receive compensation from the Syngenta GMO settlement fund of $1.5 billion. The time to file a claim was limited, the last day for filing was 12 October 2018.

Eligibility for the $1.5 Billion Syngenta GMO Corn Settlement Trust Fund

The $1.5 billion settlement Syngenta agreed to pay out to corn farmers, ethanol plants, grain trading facilities, and other business which suffered due to their GMO Agrisure Viptera corn strain is the largest agricultural class-action settlement in the U.S. history.

The class-action was filed in 2016 and, in addition to it, there were multiple other state class lawsuits throughout the country, such as the one which provided 7,300 Kansas farmers with $218 million in June 2017. Entities affected by Syngenta's GMO corn strain before the 15th of September 2013, who were eligible to file a claim were:

  • individual corn farmers
  • major corn exporters
  • ethanol plants
  • grain distributors
  • corn producers
  • grain elevators
  • corn syrup companies
  • grain transport companies
  • landlords
  • grain traders and brokers
  • corn processing plants
  • dry and wet corn millers

Individuals and businesses which opted out of the earlier Syngenta lawsuits were able to also seek compensation. It is also worthy of note that, if you suffered losses as a consequence of the oversupply or the drop in bushel price, you also had the legal right to file a claim. Other damages for which individuals or businesses which handled the Agrisure Viptera corn strain before September 15, 2013, had the right to take legal action against Syngenta are storage, clean-up, and transport costs.

We were able to process GMO corn claims faster due to the trust fund set up by a federal Kansas judge for Syngenta, as they required no lawsuit. The only documents we needed to provide were those which proved you used Syngenta’s GMO corn strain Agrisure Viptera.

In addition to corn farmers and businesses, companies manufacturing the following products also qualified for financial compensation from the settlement if they employed or were affected by the Agrisure Viptera corn strain by Syngenta in any way:

  • corn food products, such as starch, oil, cereals, soft drink sweeteners, snack foods, peanut butter, salad dressings, popcorn, taco shells and other flour products, chewing gum, and hominy grits
  • corn bioproducts
  • industrial corn products: paint, soap, linoleum, polish, textile finishing, candles, dyes, insulation, wallboard, rubber substitutes, corks, adhesives, etc.
  • animal feeds: gluten feed and meal, distiller's dried grain, high-oil feed corn for cattle, poultry, swine, and fish, etc.
  • fermentation corn products and byproducts, such as recyclable plastics, industrial enzymes, fuel octave enhancers, industrial alcohols, fuel oxygenates, and solvents

Once your claim is approved, you will receive the money you qualify for within the first half of 2019. If you worry about spending countless hours at consultations with your attorney, you can rest assured that this will not be a problem, as the legal process requires minimal involvement on your part.

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If you have a farm in the U.S. which employed Syngenta's GMO Agrisure Viptera corn strain before September 15, 2013, you were eligible for financial compensation from the recent settlement of $1.5 billion. By filing a claim with the aid of a lawyer specialized in environmental cases, you are bound to receive the money you deserve for your loss. The process of applying for compensation was very simple – all you needed to do was to provide your attorney with several documents as evidence of your using Agrisure Viptera.

Syngenta Had Been Selling the Unapproved GMO Strain of Corn in the U.S. Since 2010

According to the U.S. Department of Agriculture, a tremendous 90% of the corn grown in the country is genetically engineered with the purpose of making it resistant to drought, pests, insecticides, as well as herbicides.

In 2010, Syngenta, a Swiss company specializing in the distribution of agricultural products worldwide, agreed to the commercialization of an insect-resistant GMO strain of corn known as Agrisure Viptera in the U.S. before receiving formal import approval from China, which currently owns it.

The problematic corn strain contained a genetically modified trait known as MIR 162. During the lawsuit, it was revealed that China rejected the shipment of the GMO corn seeds in 2013, as the genetic trait it presented was not considered suitable for commercialization. As a result, the U.S. corn prices dropped and had to suffer considerably for approximately five years, as farmers would experience difficulty in selling their corn.

When inquired on the matter, Syngenta denied having exhibited negligent and unethical behavior towards their clients, stating that companies are not obliged to delay the launching of a product which had already been approved by the U.S. because the country of export had not yet approved it. Furthermore, Syngenta asserts that the culprits behind the decline in sales to China were exports to other countries, bad weather, and market forces unrelated to the country's rejection of their product.