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2009-08-04 | permalink
Monsanto to launch South America soy seed, but not in Argentina
Monsanto has unveiled a transgenic soybean seed it says will sharply boost yields in South America, but Argentina will miss out if the company can’t find a way to get farmers to pay for the technology. Argentina is where Monsanto first introduced genetically modified soybeans to the continent over a decade ago, but it will not get the new beans if current legislation allowing farmers to use seeds held over from the prior crop isn’t modified. Monsanto got burned on their first attempt to collect for its seed technology in Argentina and has vowed to not make the same mistake twice.
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News
2009-08-04 | permalink
Monsanto to launch South America soy seed, but not in Argentina
Monsanto has unveiled a transgenic soybean seed it says will sharply boost yields in South America, but Argentina will miss out if the company can’t find a way to get farmers to pay for the technology. Argentina is where Monsanto first introduced genetically modified soybeans to the continent over a decade ago, but it will not get the new beans if current legislation allowing farmers to use seeds held over from the prior crop isn’t modified. Monsanto got burned on their first attempt to collect for its seed technology in Argentina and has vowed to not make the same mistake twice.
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