Friday, December 18, 2009

Monsanto To Allow Farmers To Use Modified Soybean After Patent Expires

According to this NYT article, after 2014 Monsanto is going to allow farmers to continue to use it's first generation genetically modified Soybean after the patent expires, will let them save the seeds and will not force them to buy new seed every year.
Some snippets from the article,

In letters to seed companies and farm groups this week, Monsanto said that it would allow farmers to continue to grow its hugely popular Roundup Ready 1 soybeans even after the patent protecting the technology expires in 2014.


snip

Because farmers and seed companies would no longer have to pay royalties to Monsanto on the gene after 2014, Roundup Ready soybeans would become agricultural biotechnology’s equivalent of a generic drug.

snip

While Monsanto sells Roundup Ready seeds itself, it also licenses the technology to other seed companies. Some seed industry executives and academic soybean specialists say that Monsanto was not planning to renew licenses for that Roundup Ready 1 trait that expired before 2014, so that seed companies would have no choice but to move to Roundup Ready 2.

But in its letters this week, Monsanto said it would now extend all contracts for Roundup Ready 1 until the patent’s expiration date. It also said it would not enforce language in some contracts that would have required seed companies to destroy or return Roundup Ready seed when the patent expired.

And Monsanto said seed companies could continue to sell seeds containing the Roundup Ready 1 trait without jeopardizing their access to the successor technology.


Also the article mentions that Monsanto is currently under investigation for Anti trust violations by the Justice Department.

This is good news and bad news as explained in the next snippet.

Still, it is uncertain how long Roundup Ready 1 would survive in generic form. Some nations require licenses for the import of genetically engineered crops to be periodically renewed. Monsanto said it would maintain those licenses through 2017. But if they expired after that, American farmers would not be permitted to export the Roundup Ready 1 generic soybeans to certain countries, which would discourage them from growing those crops.


Go read the whole article by ANDREW POLLACK to get the whole story.

8 comments:

  1. Anonymous7:31 PM

    I live in the heart of soybean country and can tell you the real reason behind this. Monsanto realizes they have unleashed a monster and they want an "out". The weeds that Round-up previously killed have grown resistant. It all seemed too good to be true and it was. It's all a moving target now, and somebody will need to take the fall when it all goes south. It may sound like a crackpot conspirial theory but it's the truth.

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  2. No conspiracy. Life evolves and adapts, anyone with half a split pea for a brain should realize that. Things grow resistance to that which seeks to destroy, it's nature's way.

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  3. Anonymous, I have heard of this too, which explains why they ndid Franken Bean Two.

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  4. Oy, I am soooo embarrassed that my dad worked for them for 30 plus years and there were fucking things up like this. Our comfortable middle class life style was a result of bad business. The only consolation is that he drove a forklift in the factory in Addiston, Ohio and wasn't a decision maker beyond where to put this stack or that or foam core.

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  5. somehow the thought of eating frankenbeans (not franks n beans) doesnt sound too appealing - but then again as we keep destroying the planet this is what we will end up eating

    soylent beans

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  6. I also heard they screwed up the entire corn crop of a country with their frankinvegies.

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  7. Vilsack served as the Democratic governor of Iowa. After a brief run
    for the presidency in 2007, he worked as an attorney for a corporate law firm that has represented food giants Cargill and ConAgra. He is a strong backer of biofuels and genetically engineered crops. In 2001, the Biotechnology Industry Organization named Vilsack Governor of the Year.

    READ THE WHOLE ARTICLE ABOUT THIS CORPORATE SHILL HERE

    http://www.netrootz.com/images/groups/group_30/Discussion_about_Obamas_pick_of_Tom_Vilsack.pdf

    Obama's decade of "change" aint lookin so hot...

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  8. Using Mayberry's logic, his wife should soon be able to fend for herself, and Pelosi too!!

    What a wretched human being

    Keep up the good work Busted!!

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