NEWS
Alastair Stewart South America Correspondent
Thu Jul 30, 2015 09:48 AM CDT

Brazil Intacta Royalty Controversy

Controversy continues to surround the charging of royalties on Monsanto's Intacta RR2 technology in South America.

This week, news came from Brazil that farmer organizations had obtained an injunction prohibiting the St. Louis-based biotech giant from charging royalties on seeds with the Intacta insect-resistant strains that are produced on the farm.

The ruling was handed down by a court in the southern state of Rio Grande do Sul but is valid across the country, means the agribusiness giant is prohibited from charging the 7.5% surcharge on the sale of beans that weren't derived from certified seeds.

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