Monsanto eyes 2013 launch for new soybean seeds in Argentina

Monsanto aims to start selling the new seeds–which have the combined traits of resistance to insects and the herbicide glyphosate–in October 2013, Pablo Vaquero, Monsanto’s director of sustainability and corporate affairs for Latin America south, said in an interview. But its plan hinges on reaching a royalty agreement with farmers, seed merchants and exporters over the course of the next year, Mr. Vaquero said. Monsanto is currently running about 80 different seed trials in Argentina to see if the new seed–Intacta RR2–lives up to the expected higher yields.

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