Monsanto cuts refuge maize price 30% in Brazil
Monsanto is slashing the price of its non-Bt maize for use in refuge planting in Brazil by 30%. The company cites research that “just 20%” of Brazilian maize growers had adopted the practice in the last planting season. The price reduction covers conventional and genetically modified herbicide-tolerant maize destined for refuge areas. Monsanto says that the offer is unprecedented in the country. Growers need to reserve at least 10% of their maize area for refuge planting, either of conventional or glyphosate-tolerant lines. The offer is valid with the purchase of GM VT Pro (MON89034), VT Pro 2 and VT Pro Max maize (both MON89034xNK603), and VT Pro 3 (MON89034xMON88017)) lines.