NEWS
CNA Backs Out of Monsanto Agreement
Alastair Stewart South America Correspondent
Thu Feb 21, 2013 11:34 AM CST

SAO PAULO, Brazil (DTN) -- Brazil's National Agricultural Confederation (CNA), the country's largest farm group, has backtracked on its support for a deal that Monsanto proposed to end a dispute over royalties on first-generation Roundup Ready soybeans (RR1).

The change of heart was triggered by Monsanto conditioning the deal on the reinforcement of patent rights for Intacta RR2 Pro (RR2) soybeans, which the world's No. 1 seed company hopes to introduce next season.

The news is a blow to the St. Louis biotech giant, which had hailed the bolstering of RR2 royalty rights in the world's fastest-growing soy market as ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • 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...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Upturn in Brazilian Fertilizer Demand
DTN South America Calling Blog
Brazil Focuses on Integration
Second Corn Crop a Record