Wheat, the world-feeding crop whose shortage was Pharaoh’s nightmare, is now at such a global surplus that last month its price was less than two-thirds its level in 2008. Having rebounded in recent days to $4.05 per bushel from $3.62 last month, one might think that the commodity, which last June cost $5.07 per bushel and in February 2008 peaked at $11.94 …
Syngenta Accused Of Racketeering
At least a dozen Arkansas farmers have joined hundreds of farmers in 19 other states in almost 800 lawsuits against Swiss seed maker Syngenta over genetically modified corn seed, a case that has been widely reported in the media. But one of the lawsuits, filed on behalf of two Newport farms, contains a previously unreported twist: an allegation that Syngenta, …