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23.02.2018 |

Argentine farmers to begin paying Monsanto royalties

St. Louis Post-Dispatch reports:

Farmers in Argentina have agreed to pay royalties to seed companies including Monsanto when they replant the companies' genetically modified seeds.

The Argentine Rural Society, representing the farmers, and Argentine Seed Producers' Association, representing the seed companies, confirmed the agreement to Reuters.

A 1973 law allowed Argentine farmers to use seeds from their harvests in later plantings without paying additional royalties. This prompted a long-running dispute with seed companies such as Creve Coeur-based Monsanto.

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