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Paraguay approves new Monsanto GMO soy variety
Feb. 15, 2013
Like Monsanto's popular Roundup Ready soy, these beans are resistant to glyphosate-based herbicides, but they also help protect against caterpillars.
Paraguay is the fourth largest exporter of soybeans, although it lags far behind top three suppliers the United States, Brazil and Argentina, and plans to harvest a record 8.4 million tonnes in the 2012/2013. Producers have obtained yields of more than 3 tons per hectare in the beginning of the harvest in late January but were concerned about the dry climate of the north.
A group of Paraguayan farmers asked the country's courts last week to stop U.S. biotech giant Monsanto from charging royalties for use of its Roundup Ready soybeans, arguing the company's patent on the seeds had expired.
Source: Reuters
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