Argentina Approves Monsanto’s Intacta Soy Seed, Clarin Reports

Monsanto Co. (MON) was authorized by Argentina’s Agriculture Ministry to market its Intacta RR2 Pro soybean seed, Clarin reported, citing government officials it didn’t name.

The genetically modified seed is resistant to Monsanto’s glyphosate herbicide and can make the oilseeds more resistant to insects, the Buenos Aires-based newspaper said.

The seed is already being marketed in Brazil, the U.S. and Paraguay, Clarin said.

To contact the reporter on this story: Rodrigo Orihuela in Rio de Janeiro at rorihuela@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net