Tag: Monsanto

Monsanto
Monday, June 10th 2013 - 20:41 UTC

Argentina celebrates: China accepts three GM types of soybean for consumption

Minister Yauhar and his peer Han Chang Fu in Beijing

China approved three genetically modified soybean types for consumption, including the RR2BT seed resistant to the imidazolinonas and the glufosinat-ammonium herbicides. The announcement was made following a meeting between Agriculture ministers from Argentina and China in Beijing.

Tuesday, May 14th 2013 - 18:32 UTC

Monsanto wins leading soybean seed replicating case to the relief of biotechnology industry

Indiana farmer Bowman used harvested soybeans containing the Monsanto technology to plant his crops.

In a decision that drew sighs of relief from the biotechnology industry, the US Supreme Court ruled that an Indiana farmer violated agribusiness company Monsanto Co’s patent for a type of soybean. The court agreed unanimously with Monsanto that Vernon Bowman, 75, had performed an end-run around the law when he used the company’s patented soybean seeds without seeking a licence.

Wednesday, February 27th 2013 - 05:38 UTC

Environmentalists in Argentina manage to suspend Monsanto corn-seed drying facility

Judges invoked “environmental risks” in the construction of the 300 million dollars plant

Another setback for Monsanto in South America: the Argentine province of Córdoba justice system ordered the suspension of the construction of a corn seed-drying facility in the district of Malvinas Argentinas, 14 kilometres outside the capital city of Córdoba.

Tuesday, February 26th 2013 - 07:42 UTC

Monsanto legal battle on Roundup Ready patent expected to reach Brazil Supreme Court

The US giant wants its patent rights to conform to the 2014 term in the US

Monsanto Company announced plans to file an immediate appeal of a recent ruling by a single judge of the Brazilian Superior Court of Justice, relating to the company's request for term correction of a patent covering its Roundup Ready soybean product.

Tuesday, January 8th 2013 - 20:21 UTC

Corn-seed sales in Brazil, Argentina and Mexico help Monsanto with record earnings

Hugh Grant, Monsanto CEO, a third consecutive year of significant growth

US agricultural giant Monsanto Tuesday posted a large increase in quarterly earnings on strong results in corn seed sales in the US and Latin America and better sales of pesticides. The St Louis-based corporation said net income for the first quarter was 339 million dollars, up from 126 million a year earlier.

Thursday, October 18th 2012 - 10:33 UTC

Monsanto suspends collection of royalties in Brazil following state court ruling

Growers say the patent on the original Roundup Ready soybeans expired in 2010

Monsanto, the world’s biggest seed company, suspended collection of royalties for its Roundup Ready soybeans in Brazil while it appeals a state court ruling on intellectual property rights.

Thursday, October 11th 2012 - 05:26 UTC

Seed giant Monsanto suspended in Argentina on allegations of tax irregularities

AFIP is demanding 70 million dollars in back taxes

Argentine authorities suspended the local unit of US seed giant Monsanto from a local grains registry over allegations of tax irregularities. The company denied the allegations in a statement issued late on Wednesday.

Tuesday, August 7th 2012 - 08:25 UTC

Seeds market clash: Monsanto wins one billion dollars lawsuit to DuPont

The lawsuit concerns patents of Roundup Ready crops and the glyphosate-based herbicide.

Monsanto, the world's largest seed company won a one billion dollars victory over its arch rival in a lawsuit concerning patents in the agricultural seed market. The victory, concerning genetically modified seeds that allow crops to tolerate weed killer, should have little immediate impact in that lucrative marketplace.

Thursday, July 19th 2012 - 07:01 UTC

Monsanto plant in Cordoba will produce corn seed for 3.5 million hectares

Vaquero, Monsanto Vice-president for Latinamerica: Cordoba will become the second corn belt of Argentina

US agrochemical giant Monsanto will direct most of a 365 million dollars investment in Argentina to a corn seed factory in the central city of Cordoba, the local government there has announced.

Monday, June 4th 2012 - 06:22 UTC

Major GM soy legal feud between Monsanto and five million Brazilian farmers

Allegedly the first transgenic soy seeds were illegally smuggled into Brazil from neighbouring Argentina in 1998

Illegally smuggled into Brazil 14 years ago, transgenic soy has proved a boon to domestic farmers and now accounts for 85 percent of total production. But five million Brazilian farmers are now locked in a legal feud with US biotech giant Monsanto, the GM soy seed manufacturer, and are refusing to pay crop royalties.

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