GFM Network News

Monsanto, DuPont settle lawsuits, set new $1.75-billion deal

The companies have dropped their lawsuits against each other and agreed 
to work together delivering new technology to farmers

Reuters / Monsanto Co. and DuPont have settled a bitter legal battle over rights to technology for genetically modified seeds and will drop antitrust and patent claims against each other while forging a new collaboration, the companies said March 26. The deal tosses out a $1-billion jury verdict DuPont was ordered to pay Monsanto last August. Instead,

What’s in a catchy phrase? Plenty if the term is ‘pink slime’

Lawyers for Beef Products Inc. say ABC’s characterization of lean finely textured beef made it 
sound vile, but network says it’s an accurate term for a thick, slippery substance

A year ago, Beef Products Inc. had four state-of-the art plants, more than 1,300 employees and was expanding aggressively. The meat company was the leading maker of “lean finely textured beef,” a low-fat product made from chunks of beef, including trimmings, and exposed to tiny bursts of ammonium hydroxide to kill E. coli and other

KAP sets up Puratone meeting

Keystone Agricultural Producers (KAP) is hosting a meeting Dec. 3 to try and clarify where grain farmers owed money by Niverville-based Puratone stand. “We’re not going to be threatening people or making statements of claim,” KAP president Doug Chorney said in an interview Nov. 26. “We really just want to get the facts out because

U.S. judge delays efforts to rein in speculators

AU.S. judge has knocked back tough new rules to clamp down on excessive speculation in commodity markets, handing an 11th-hour victory to Wall Street’s biggest banks and angering lawmakers concerned about high prices for gasoline and other raw materials. Just two weeks before the “position limits” rule was to take effect, U.S. District Court Judge

Judge dismisses lawsuit against Monsanto

A federal judge has ruled in favour of global seed giant Monsanto Co., dismissing a lawsuit brought by a consortium of U.S. organic farmers and seed dealers who said their industry is at risk from Monsanto’s growing market strength. U.S. District Court Judge Naomi Buchwald, for the Southern District of New York, threw out the

DuPont Suit Claims Monsanto Infringed Corn Patent

REUTERS / DuPont s Pioneer seed unit has sued Monsanto Co., claiming its arch-rival infringed on patents that help genetically modified corn seeds germinate. The suit, filed Oct. 18, is the latest volley in a bitter fight between the duo for dominance in the lucrative U.S. corn seed industry. In its lawsuit, filed in United

Agent Orange Case Proceeds

briefs new york/reuters Monsanto Co. has lost a bid to close part of a lawsuit alleging the company caused health injuries to residents living near a plant that made the Vietnam War-era U.S. military defoliant Agent Orange. Monsanto, which operated a Nitro, West Virginia, chemical plant from 1934 to 2000, argued it was working as

Monsanto Wins Lawsuit Against Indiana Soybean Farmer

Monsanto Co. , the world s largest seed company, has prevailed in another lawsuit against a U.S. farmer, earning a ruling from a Federal Appeals Court that protects Monsanto s interests even when its patented seeds are sold in a mix of undifferentiated commodity seeds. The U.S. Court of Appeals for the Federal Circuit in

Syngenta Sues Bunge Over Rejection Of GMO Corn Type

Syngenta Seeds, a unit of the world’s largest agrochemicals company Syngenta AG, has filed suit against major grain handler Bunge for refusing to accept a type of its biotech corn. Syngenta claims Bunge’s North America operations are illegally refusing to handle a type of genetically modified corn that is designed to protect the crop against