Biotechnology and royalties were topics of a meeting with the global president of Bayer

The merger between multinationals Bayer and Monsanto was the topic of a breakfast this Wednesday (05), in Brasília. Entities representing agribusiness welcomed Bayer's global agricultural president, Liam Condon, and the company's president in Brazil, Theo Van Der Loo, to exchange information about business and technology.

Condon said that, as long as the merger is not approved by regulatory bodies, the companies are still competitors and are not authorized to talk about sensitive aspects of the negotiation. However, he highlighted that Bayer's values ​​– innovation, sustainability and social responsibility, will prevail in the new company, as well as the commitment to produce innovation for greater productivity and lower costs for rural producers.

The president of the Association of Soy and Corn Producers of Mato Grosso (Aprosoja), Endrigo Dalcin, pointed out the loss of efficiency in biotechnology and the price of royalties as important topics to be discussed with the company. “The producer has paid not only for biotechnology, but also for the loss of efficiency of these products,” he said.

Dalcin highlighted that Brazil is the country that pays the highest amount of royalties for biotechnology in South America. The president of Bayer assured that the practice, including that of the new company, will be the production of biotechnology more efficiently, but also the concern with the profitability of the rural producer.

“The value of biotechnology must be correlated with the benefit it brings to the producer. If biotechnology loses efficiency, it makes no sense to maintain the same royalty price,” said Condon. According to him, one of the strategies for Brazil is to develop specific research and innovations for the country.

The meeting was attended by the president of Aprosoja Brasil, Marcos da Rosa, the president of the Mato Grosso Association of Cotton Producers, Alexandre Schenkel, the executive directors of Aprosoja, Wellington Andrade, and Aprosoja Brasil, Fabrício Rosa, and representatives of Sindiveg, SRB, Abag, CNA, Abelha.