Ag News: Syngenta Settles Trait Suit
**Syngenta will pay a $1.51 billion settlement to U.S. corn farmers, grain handling facilities and ethanol plants in a nationwide class action suit. The settlement covers corn priced after September 15, 2013.
When funds are available farmers must submit a claim form to collect, opt out or object to agreement terms.
Plaintiffs alleged Syngenta’s introduction of Agrisure Viptera corn before it was approved in China lead to loss of income.
**The Russian suspension of Brazilian meat imports is into its fourth month after ractopamine residue was found in pork and beef shipments, with exporters scrambling to offset the loss of the Russian market.
U.S. Meat Export Federation reports Brazil had been Russia’s dominant pork supplier, at about 90 percent. Trade barriers have kept pork from the EU, the U.S. and Canada out of the Russian market for several years.
Since the Russian market closed, larger volumes of Brazilian pork have shipped to Hong Kong and China.
**A bill to exempt animal feeding operations from reporting their air emissions should be able to move through the Senate quickly, given its bipartisan support and a looming deadline from a federal appeals court.
Currently, 33 senators, 21 Republicans and 12 Democrats, have cosponsored the bill.
According to Agri-Pulse, the D.C. Circuit Court of Appeals is expected to issue its mandate May 1st for an opinion it issued last year that found EPA’s 2008 exemptions from reporting were illegal.