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Monsanto delays RR soy payment collections in Brazil

Monsanto is delaying the collection of royalties in Brazil on its genetically modified glyphosate-tolerant Roundup Ready soybeans until the appeal process on injunctions against payments has ended. The move follows a failed appeal in a Sao Paulo court this month, in which Monsanto sought a “patent term correction” (see this issue). The company claims its patents on Roundup Ready soybeans run until 2014, while farmer group claimants argue the patents expired in 2010 ( Agrow No 654, p 13).

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