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4-Patents: Monsanto announces indemnity collection system for Bt cotton in Brazil



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TITLE:  Monsanto announces indemnity collection system for unauthorized
        Bollgard cotton grown in Brazil
SOURCE: Monsanto, USA
        http://www.seedquest.com/News/releases/2006/march/15230.htm
DATE:   20 Mar 2006

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Monsanto announces indemnity collection system for unauthorized Bollgard
cotton grown in Brazil

Monsanto Company has announced a plan to deter the unauthorized planting
of Bollgard cotton in Brazil. Working with cotton gins, Monsanto will
collect an indemnity for cotton that tests positive for the Bollgard
insect-resistant cotton trait, beginning with the 2006 cotton harvest.
ABRAPA, the Brazilian cotton growers' association, has agreed to support
Monsanto's indemnity collection system.

The purpose of the indemnity collection is to protect Monsanto's
intellectual property and encourage Brazilian cotton farmers to purchase
certified Bollgard cottonseed. Brazil approved Bollgard technology in
2005, but authorized Bollgard seed was not available for sale to
Brazilian cotton farmers before planting. Some Brazilian cotton farmers
planted unauthorized Bollgard cottonseed during the current growing season.

Beginning next season, Brazilian cotton farmers will pay a technology fee
when they buy certified Bollgard cottonseed and then can gin Bollgard
cotton without paying the indemnity. The indemnity for farmers who do not
buy seed licensed to contain Bollgard technology will be higher than the
technology fee. Payment of the indemnity is only a deterrent and does not
license farmers to use Bollgard technology in the future.

Monsanto Company is a leading global provider of technology-based
solutions and agricultural products that improve farm productivity and
food quality. 


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