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Cargill fires first shot in legal battle over GMO trade responsibility
2014-09-15 02:06:51| Chemicals - Topix.net
Cargill Inc's [CARG.UL] lawsuit against Syngenta AG over rejections of genetically modified U.S. corn by China may be just the start of legal challenges against global seed makers over trade with one of the world's biggest markets. Trading giant Cargill said in court documents on Friday that it had lost more than $90 million because Syngenta sold Agrisure Viptera corn, known as MIR 162, to U.S. farmers without first obtaining import approval from China, which has turned away boatloads of U.S. crops containing the variety over the past year.
Tags: legal
trade
responsibility
shot
Cargill fires first shot in legal battle over GMO trade responsibility
2014-09-15 00:00:40| Agriculture - Topix.net
Trading giant Cargill said in court documents on Friday that it had lost more than $90 million because Syngenta sold Agrisure Viptera corn, known as MIR 162, to U.S. farmers without first obtaining import approval from China, which has turned away boatloads of U.S. crops containing the variety over the past year. The lawsuit will be a test case of who is ultimately responsible for such rejections that damage international trade: the seed companies that develop unapproved GMO traits or the merchants who sell grain that may be contaminated with it.
Tags: legal
trade
responsibility
shot
Cargill fires first shot in legal battle over GMO trade responsibility
2014-09-14 23:45:01| Food - Topix.net
Trading giant Cargill said in court documents on Friday that it had lost more than $90 million because Syngenta sold Agrisure Viptera corn, known as MIR 162, to U.S. farmers without first obtaining import approval from China, which has turned away boatloads of U.S. crops containing the variety over the past year. The lawsuit will be a test case of who is ultimately responsible for such rejections that damage international trade: the seed companies that develop unapproved GMO traits or the merchants who sell grain that may be contaminated with it.
Tags: legal
trade
responsibility
shot
Cargill sues Syngenta Seed over China shipments
2014-09-13 15:42:09| Food - Topix.net
Signage for Cargill Inc. is displayed at their booth at the Institute of Food Technologists Annual Meeting & Food Expo In Chicago, Illinois, U.S., on Monday, July 19, 2010. Cargill Inc. sued Syngenta Seeds Inc. on Friday in an unusual legal battle over genetically modified food that both companies support.
Tags: china
seed
shipments
sues
Cargill sues Syngenta over China corn rejections
2014-09-13 12:51:23| Agriculture - Topix.net
The move led to a series of rejections, from late 2013, by Chinese customs officials of cargos of US corn containing MIR 162 - a genetically modified trait cleared by Washington but not by Beijing. "Unlike other seed companies, Syngenta has not practiced responsible stewardship by broadly commercialising a new product before receiving approval from a key export market like China," said Mark Stonacek, the president of Cargill's North American grain and oilseed supply operations.
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