Bayer Gets Green Light For GMO Soy Seed Sales To Argentina

Source: NASDAQ

BUENOS AIRES -(Dow Jones)- Germany’sBayer AG (BAYN.XE, BAYRY) has received approval for its strain of genetically modified soybeans in Argentina, clearing the way for sales to one of the world’s top soy producers.

Argentina approved the Liberty Link soybean technology, which involves transgenic seeds resistant to the herbicide glufosinate-ammonium, according to the company.

Bayer CropScience is now moving to obtain approval for seeds with multiple transgenic traits, generally a formality in Argentina, which is one of the world’s leading supporters and producers of genetically modified agricultural goods. Liberty Link will be combined with stacked traits and launched in Argentina “in the forthcoming years,” the company said in a statement.

Read More: Bayer Gets Green Light For GMO Soy Seed Sales To Argentina

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