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Honored Advisor
Posts: 17,365
Registered: ‎05-13-2010
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Anyone heard how the Syngenta payment is going?

I originally didn`t sign up, because I didn`t believe Syngenta caused the corn price to go down, it was China playing games "red herring".   But then China buys Syngenta on the cheap with THEIR caused problems.  So at that point, all bets were off, I signed up for my share of the $1.5 Billion settlement.  

 

Just real rough figuring, if basically 75 million corn acres are signed up going into $1.5 Billion, that should be a average of $20 per acre.   So 100 acres about $2,000.  

 

 

Asking for a banker   Smiley Happy