Monsanto to waive RR soy royalties in Paraguay
Monsanto is to waive royalty payments for use of its genetically modified glyphosate-tolerant Roundup Ready soybeans in Paraguay from next year, news agency Reuters reports. It cites a farmers’ union, claiming that a process with the company had been agreed allowing growers to make “an orderly transition from the use of Roundup Ready soybean technology to the [second-generation Roundup Ready] RR2 technology”. Monsanto has claimed that its royalties are valid until 2014 ( Agrow passim). Judges denied emergency injunction bids in February from Paraguayan soybean growers against Monsanto’s charging for royalties on the technology ( Agrow No 659, p 2). That followed a similar case in Brazil, where growers had won an injunction, only for Monsanto to win the right to charge with funds being paid into an escrow account ( Agrow No 654, p 13). The company’s glyphosate-tolerant and insect-resistant Intacta RR2 Pro (MON87701xMON89788) soybeans were approved in Paraguay in February ( Agrow No 659, p 25).