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
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Year-End Tax Panic Do-it-yourselfers beware: Last-minute tax rules could complicate your 2014 returns. Small employe...
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
GE Seed Markets Uncertain
GE Seed Markets Uncertain
Xtend Moves Forward
Former GMO Critic's Change
A Disease State of Mind
Know Your Alphabet
Production Blog
Kub's Den
ADM Sues Syngenta Over GE Corn
MIR 162 Lawsuits Swell