The St. Louis-based company said it would prefer to settle the case for $2.4 million rather than pay for an extended legal battle.
The St. Louis-based company said it would prefer to settle the case for $2.4 million rather than pay for an extended legal battle.
The company will put roughly $2.1 million into a settlement fund to pay farmers in Oregon, Washington and Idaho who sold soft white wheat between May 30 and Nov. 30 of 2013.
Monsanto will also pay a total of $250,000 to wheat growers’ associations, including the National Wheat Foundation, the Washington Association of Wheat Growers, the Oregon Wheat Growers’ League and the Idaho Grain Producers Association.
Read more at OregonLive.com
