Live Breaking News & Updates on Reinhardt Wendorf Blachfield

Agriculture
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2 hours ago
On Monday, a case initially filed on June 3 was transferred from the District of Minnesota to a multi-district case in the Eastern District of Missouri. The class action complaint was filed by JSB Farms, LLC (JSB) on behalf of themselves and all others similarly situated. Theyalleged that Bayer, BASF, Syngenta, and others violated antitrust and unfair competition laws through their influence on the market for crop inputs, which includes seeds and chemicals like herbicides and insecticides. JSB is joining over two dozen other plaintiffs in the larger case.
The past few years have seen a rise in the costs of crop inputs, the underlying complaint said. The rising costs have been noted to increase at a “significantly faster rate than profits from farmers’ crop yields.” This has resulted in farmers using a disproportionate amount of their income on crop inputs, placing them at the “least profitable level of the American food ....

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