Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Judi Lynn

(160,219 posts)
Wed Mar 27, 2013, 10:50 PM Mar 2013

Monsanto to waive some GMO soy royalties in Paraguay-farmers

Monsanto to waive some GMO soy royalties in Paraguay-farmers
ASUNCION, March 27 | Wed Mar 27, 2013 8:30pm EDT

(Reuters) - Monsanto Co has agreed to waive the collection of royalties for the use of technology for RoundUp Ready soybeans in Paraguay starting next year, the South American country's main farm groups said on Wednesday.

Monsanto representatives were not immediately available to comment on the deal, which would end a months-long spat between the company and growers in the world's No. 4 soybean exporter.

"We managed to agree on a process that allows Paraguayan growers an orderly transition from the use of Roundup Ready RR1 soybean technology to new RR2 technology," said a statement from the Farmers' Trade Union signed by four other industry groups.

The biotech company charges farmers $4 per tonne of soybeans produced using the Roundup Ready strain, which is resistant to glyphosate-based herbicides and is present in about 95 percent of the beans produced in the South American country.

More:
http://www.reuters.com/article/2013/03/28/paraguay-monsanto-idUSL2N0CK00B20130328?rpc=401

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Monsanto to waive some GMO soy royalties in Paraguay-farmers (Original Post) Judi Lynn Mar 2013 OP
"transition from the use of Roundup Ready RR1 soybean technology to new RR2 technology" NYC_SKP Mar 2013 #1
welcome to our future KT2000 Mar 2013 #2
The meeting of the minds of the bad and the even badder... Peace Patriot Mar 2013 #3
I'm guessing this ia a spat among the well off over who gets the money. nt bemildred Mar 2013 #4
Sounds that way. sabrina 1 Mar 2013 #5
 

NYC_SKP

(68,644 posts)
1. "transition from the use of Roundup Ready RR1 soybean technology to new RR2 technology"
Wed Mar 27, 2013, 11:05 PM
Mar 2013

Poor farmers...

KT2000

(20,544 posts)
2. welcome to our future
Thu Mar 28, 2013, 12:15 AM
Mar 2013

Monsanto in control of our food supply is their ultimate dream.
With the help of our politicians - they will achieve that goal.

Latest Discussions»Region Forums»Latin America»Monsanto to waive some GM...