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Answers

Question

How much has Monsanto paid in compensation or settlements of claims to Farmers around the world so far, and why?

Submitted by: Steve


Answer

Expert response from GMOAnswers Admin_1

Monday, 29/02/2016 19:26

Monsanto, similar to most companies, sells products to a customer base (farmers) and we strive to satisfy our customers in hopes that they choose to buy our brands over competitor brands.  Although we don’t often deal with a lot of negative claims, it has happened that a customer has been dissatisfied with a product, made an inquiry, and we have taken steps to make customer accommodations in the form of monetary or product compensation.

 

From a cross-contamination perspective, we have paid very little to help farmers to get plants with our traits out of their fields, as these situations are uncommon.  However, this has happened in Canada and in the U.S., but these are rare occurrences.