Monsanto Co. said Wednesday it will pay nearly $2.4 million to settle a dispute with Northwest farmers over genetically modified wheat.

No genetically engineered wheat has been approved for U.S. farming, but it was found in Oregon in 2013.

That discovery prompted Japan and South Korea to temporarily suspend some wheat orders, and the European Union called for more rigorous testing of U.S. shipments.

Agriculture Department officials said the modified wheat discovered in the Oregon field is the same strain as a genetically modified wheat that was designed to be herbicide-resistant and was tested by seed giant Monsanto a decade ago but never approved.

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