Paraguay authorized the sale of Monsanto's Intacta RR2
Pro genetically modified soybeans, the country's agriculture
ministry said on Monday.
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 world's No. 4 soybean exporter, although it
lags far behind top three suppliers the United States, Brazil
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.