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

I actually did save the paperwork sent and they say something like `the $1.51 billion will be divided in the class action suit with the producers getting the largest amount` In other words $750 million going to farmers.   Lawyers and administrators could get 49.9999999999% of the settlement.  

 

It`s going to boil down to how many signed up for it.  After that card was sent in the mail and wasn`t from a lawyer, I have a sneaky suspicion more signed up then that one would think.  So figure 90 million acres goes into $750 million...so about 7 bucks a corn acre.  

 

But they must still be figuring, like a Florida election   Smiley Happy