Monsanto has agreed to settle some of the lawsuits brought by U.S. farmers who allege they lost money when an Oregon field was discovered to have been contaminated with an experimental genetically modified strain of wheat.
Corn has been good to farmers. Helping fuel a boom in the ag sector. And as this year’s record corn forecast indicates, Midwestern farmers can’t seem to plant enough of the grain. Even with concerns growing about the effectiveness of today’s high-tech genetically engineered seeds, farmers aren’t backing down.
The land is dry and the wind blows hard in Sac County, Iowa. For Darwin Bettin it’s a good day to be inside selling insurance. He also farms 500 acres of corn and soybeans in western Iowa.