'Technology fees' - Monsanto expected to start turning the screw on US farmers

What took them so long?

"Farmers will be given just enough to keep them interested in growing the
crops, but no more. And GM companies and food processors, will say very
clearly how they want the growers to grow the crops."
Friedrich Vogel, head of BASF's crop protection business
Farmers Weekly 6 November 1998

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GM specialist increases technology fees in USA
Friday, February 18, 2005
By Andrew Blake

Seed and technology fees for genetically modified crops are on the up in the
USA, as companies continue to invest in next generation traits.

Some producers are expecting Monsanto's technology fees to rise 75% this
season, as the firm seeks to recoup costs. The main reason for the price
rises is the need to fund work on next generation GM varieties, which will
offer nutritional benefits to consumers, plus research to defend the
existing traits against counter claims from anti-GM lobby groups, says
Monsanto USA's technical communications manager Jim Hudson. "We are
currently spending about $1.5m a day on such research and that money has to
come from somewhere." But with weed populations shifting to species able to
resist the total herbicide the company needs to be careful not to price the
technology out of the market, stresses North Carolina consultant Billy
McLawhorn.

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  Source: Farmer`s Weekly
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