Monsanto Co. announced the settlement of another string of lawsuits related to the 2013 discovery of genetically modified wheat found growing in an Oregon field.
The company will donate $50,000 each to the agriculture schools at land grant universities in seven states whose farmers filed suit against the agriculture giant. Monsanto will also cover some of the legal bills incurred by farmers.
Numerous lawsuits were filed after the rogue wheat — related to earlier research — sent brief shock waves through the global wheat market.
The announcement settles lawsuits with farmers in Missouri, Illinois, Kansas, Texas, Louisiana, Oklahoma and Mississippi.
In November, the company reached a settlement with farmers in Oregon, Washington and Idaho. There, the company set up a $2.1 million settlement fund for farmers and allocated $250,000 to be divided among several wheat growers’ associations.
Monsanto said it still faces a lawsuit by wheat growers in Arkansas.
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