Monsanto agrees to settlement for almost $2.4 million

Monsanto agrees to settlement for almost $2.4 million
(Image credit: Win McNamee/Getty Images)

The firm will pay nearly $2.4 million to settle a lawsuit with wheat farmers.

The U.S. wheat farmers filed the suit when a genetically modified strain of wheat was discovered in an Oregon field in 2013. Genetically engineered wheat hasn't been approved for farming in the U.S., and regulators hadn't approved the Oregon strain.

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Meghan DeMaria

Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.