Monsanto Hit With Fine for ‘Genetically Contaminating Wheat Supply’

And it isn't the first time

Monsanto Hit With Fine for ‘Genetically Contaminating Wheat Supply’

After paying an original sum of $2.4 million to reimburse farmers for contaminating their fields with genetically modified wheat that had not even yet been approved for farming, Monsanto has been forced to pay another $350,000 in order to settle a class action lawsuit brought upon by numerous farmers from over seven different states.

The news comes amid economic struggles for the biotech juggernaut that have resulted in the loss of share value and poor projections for the long term future.

In last year’s fourth quarter, Monsanto reported a loss of $156 million.

And for the multi-billion dollar company, it’s not about the monetary figure, but the future of its genetically modified creations that the public just simply isn’t buying.

In the latest legal settlement, we find that Monsanto’s new method of simply paying off farmers just isn’t going to cut it when it comes to international trade.

Following the news that GMO wheat had contaminated nearby wheat supplies, Japan and South Korea suspended a number of wheat orders from the United States — a blow towards the national economy in full thanks to Monsanto.

Meanwhile, the EU also had enough, and announced it would be enacting much more serious testing in its wheat shipments to ensure that they are GMO-free. As for Monsanto in the United States? There will be no more rigorous testing or suspension of wheat supply. Instead, the company simply has to pay off the farmers that were affected (and potentially devastated) by the genetic contamination.

As NBC News reports:

“Genetically-modified food giant Monsanto said it will pay about $350,000 to settle class action lawsuits brought by farmers in seven states over tainted wheat. It will also reimburse the plaintiffs’ and their lawyers for a portion of the costs associated with the case. The company said that under the terms of the settlement agreement it can’t disclose how much that will cost.

The lawsuits relate to the discovery of genetically modified wheat on a farm in Oregon in May 2013. The wheat had not been approved, and after the discovery, Japan and South Korea temporarily suspended some wheat orders. The European Union called for tougher testing of shipments from the U.S.”

And remember, this is after the company paid out $2.4 million to settle with farmers in the Pacific Northwest for the same contamination style problem. The result? People around the globe are beginning to realize the brutal truth about Monsanto.

Nations around the world are taking a stand against Monsanto, with Germany and others now pushing GMO bans before the next harvest. In the US, the fight is also ramping up. As states like Maine introduce legislation to take immediate action against GMOs, it becomes abundantly clear that the 96% of US citizens who say they are in favor of GMO labeling may finally get what they have been asking for.

Find us here

Get news from the CSGLOBE in your inbox each weekday morning

The views and opinions expressed in this article are those of the authors/source and do not necessarily reflect the position of CSGLOBE or its staff.

Paid content

Spain Study Confirms Hemp Oil Cures Cancer without Side Effects

The International Medical Veritas Association (IMVA) is putting hemp oil on its cancer protocol. It is a prioritized protocol list whose top five items...

98% of Countries Ban Fluoride in their Water

Most Countries Ban or Reject Water Fluoridation: Why North America is Actually the Exception ? Water fluoridation is just one of the many hot-button health...

Internal Emails Show FDA is Withholding the Fact that Foods in Your Pantry are Laced With Toxic Weedkiller

Glyphosate is Monsanto’s flagship herbicide, appearing in hundreds of agricultural and gardening products, and although it has been linked to cancer and other serious...

What's New Today

Georgia House Votes To Allow Citizens To Abolish Police Departments In The State

The Georgia House backed an effort on Friday to dissolve the Glynn County Police Department and any...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

Five bombshells about Trump from Bolton ‘s book

Excerpts from former national security adviser John Bolton ’s book about his time in the Trump administration...

Don’t Listen to Fox. Here’s What’s Really Going On in Seattle’s Protest Zone.

It seems I live in a city undergoing a “totalitarian takeover” that will lead to “fascist outcomes”...

MOST READ

Complete List of BANKS Owned/Controlled by the Rothschild Family

What’s the significance of having a central bank within a country and why should you concern yourself, your family and colleagues? Central banks are illegally...

What Is Agenda 21? Depopulation of 95% of the World By 2030

Most people are unaware that one of the greatest threats to their freedom may be a United Nations program which plans to depopulate 95%...

China Is Turning The Rainforest Into Cheap Furniture For The U.S.

Driven by American demand for cheap furniture, China has become the greatest importer of illegal timber. The...

Spain Study Confirms Hemp Oil Cures Cancer without Side Effects

The International Medical Veritas Association (IMVA) is putting hemp oil on its cancer protocol. It is a prioritized protocol list whose top five items...

Five green foods with exceptional healing power

Although it is unclear who started the green revolution, the world seems to be recognizing the powerful effects of green foods in helping individuals...

Robert De Niro, Robert F. Kennedy Jr. offer $100K to Anyone Who Can Provide PROOF Vaccines Are SAFE

Robert De Niro joined Robert F. Kennedy Jr. in Washington, D.C. on Feb. 15 to hold a press conference about vaccine safety. The pair are...

Cannabis Extract Fights ‘Incurable Form’ of Leukemia

Cannabis Extract and Leukemia A remarkable case report documents a 14-year old girl who, after 34-months of chemo, radiation and bone marrow transplant treatments, was...

It Turns out Some Conspiracy Theories About Monsanto and Roundup Are True

If we had a dime for every kooky conspiracy theory we’ve heard alleging some vast corporate conspiracy to exploit the treasures of the earth,...

Breaking: Germany Follows Scotland’s Lead And Opts To Ban GMOs

Germany is following Scotland's example and banning all GM crops! New rules implemented by the European Union now allow individual member states to block farmers...

Watch the US military launch over a hundred tiny ‘swarm’ drones from fighter jets

When you think of a military drone you likely picture something along the lines of the now iconic “Predator,” but the US Department of...

First Time Hacker Shut down 20% of Dark Web in Fight Against Child Porn

A vigilante hacker associated with Anonymous managed to take down twenty percent of the dark web last week after discovering that large amounts of...