NEWS
Brazil RR Royalties Resolved
Alastair Stewart South America Correspondent
Fri Aug 9, 2013 03:42 PM CDT

SAO PAULO, Brazil (DTN) -- Aprosoja will drop a lawsuit challenging the right of biotech giant Monsanto to charge royalties on first-generation Roundup Ready (RR1) soybeans in return for a discount on royalties for the new Intacta RR2 Pro seeds.

The announcement was made in a new release Friday. Aprosoja is the association of soybean producers in Mato Grosso, Brazil's largest soy-producing state.

The decision closes a long, often fractious, dispute over Roundup Ready royalties in Brazil and smooths the way for the launch of Monsanto's new stacked, insect-resistant Intacta RR2 soy technology in the upcoming 2013-14 season.

An assembly ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
Crop Tech Corner
Crop Tech Corner
Crop Tech Corner
Brazil Intacta Royalty Controversy
Grain Shipper Files for Bankruptcy
Biotech Bill Clears Hurdle
Biotech Labeling Bill on Deck
Crop Tech Corner
USDA's Role in Biotech Labels
New Weed-Control Traits Planted