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Montevideo, December 22nd 2024 - 12:44 UTC

Tag: GM soy

  • 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.