Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Brazil soy grower group backs Intacta royalties

The Brazilian soybean grower association, the Abrass, is backing Monsanto’s royalty payment system for its genetically modified insect-resistant and herbicide-tolerant Intacta RR2 Pro (MON87701xMON89788) soybean technology. A Brazilian court has recently suspended an injunction that stopped such royalty payments. The Abrass trusts the operation of the royalty payment system, as it is a “fundamental necessity for the continuity of development of technology for seed businesses in Brazil”. Judge Isabel Dias Almeida at the 5th Civil Chamber of Rio Grande do Sul state’s Court of Justice noted previous ruling and precedent on the matter, which “all supported Monsanto’s collection of royalties”, the Abrass reports. The association echoes Monsanto, saying that a “double charge” exists as the farmer who uses uncertified seed pays royalties upon their commercialisation, while those who save certified seed and has already paid royalties does not make similar payments. The company agreed a deal with many Brazilian soybean growers in 2013 for royalty payments on the soybeans.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG022934

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel