The world's third largest soybean exporter, Argentina, is in a lawsuit in a Denmark court courtesy of the biotechnology company Monsanto. Monsanto has long argued its case in Argentinean courts for royalties that it claims are owed to them from the sale of soybeans derived from Roundup Ready (RR) seeds. Thus far, Argentina has refused to recognize Monsanto's patent protection lawsuits and scoffed at demands for $15 per metric ton royalties on soybean exports. In the Argentinean Congress, attempts to create a public fund to pacify Monsanto have met hostile opposition from farming groups. Farmer interest groups hold significant sway in a country that's largest export and revenue (in excess of $1 billion annually) is derived from soybeans. Monsanto has initiated litigation in Denmark to prevent European importers from buying Argentinean soybeans without paying the royalties. The Ohio AgriBusiness Association (OABA) joins the Agricultural Retailers Association in its support of Monsanto's claim, since U.S. soybean growers will be at a financial disadvantage in world markets if farmers in Argentina do not pay the royalties.