GFM Network News











Syngenta agrees to settle GMO corn litigation

Reuters — Syngenta has agreed to pay close to US$1.5 billion to resolve lawsuits stemming from its decision to commercialize a genetically modified strain of corn before China approved importing it, a person familiar with the matter said on Tuesday. The Swiss company confirmed that it has reached a settlement, without confirming the financial terms. […] Read more

Tennessee restricts dicamba use as problems spread

Chicago | Reuters — Tennessee on Thursday imposed restrictions on the use of dicamba, a flagship pesticide for Monsanto, to become the fourth state to take action as problems spread over damage the herbicide causes to crops not genetically modified to withstand it. Dicamba is sprayed by farmers on crops genetically modified to resist it […] Read more



U.S. grains: Wheat, corn bounce on short-covering

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by lingering concerns about crop damage in the U.S. Plains following a snow storm at the weekend. Short-covering also contributed to the wheat gains as traders covered bearish bets following a sell-off on Thursday. Corn futures also rose, with traders noting short-covering as a […] Read more