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UPDATE 1-Brazil approves Monsanto's next generation of GM soy seed

(Adds lawsuit on patent rights, troubles with dicamba in United

By Ana Mano

SAO PAULO, March 8 (Reuters) - Monsanto Co said on
Thursday it received approval from Brazil for its genetically
modified soy seed Intacta2 Xtend, a key regulatory milestone in
its second most important market.

The new seed variety is engineered to resist weed killers
dicamba and glyphosate, and can also protect the crop against
certain species of Spodoptera caterpillars, Monsanto said in a
statement after the approval by regulator CTNBio.

The company plans to start selling the new technology in
Brazil in 2020.

Monsanto has began showing the new technology to farmers in
Brazil. This week, it will present it to producers in Rio Grande
do Sul and in April to farmers in Goiás state, it said.

The regulatory development underscores the importance of
Brazil for Monsanto, the world's second largest soy producer and
largest exporter of the oilseed.

Intacta2 Xtend is the successor of Monsanto's Intacta RR2
Pro, which resists caterpillars and glyphosate, but not
dicamba-based products.

Currently, Monsanto is fighting a lawsuit filed by soy
growers in Brazil to cancel its patent rights to Intacta RR2 Pro
in the country.

In the United States, the top market for Monsanto, the use
of dicamba-based products provoked allegations that the weed
killer drifted and damaged neighboring crops.

(Reporting by Ana Mano
Editing by Leslie Adler and Lisa Shumaker)

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