Biotechnology Guaranteed US$ 100 K To Average Brazilian Corn Growers In Four Years, According To ABRASEM
"Analyzing the economic results that the adoption of biotechnology has achieved for Brazilian agriculture in the last 16 years, as well as prospects for the next ten years, it becomes essential to improve and continue to oversee public policies to ensure a favorable environment for the development of biotechnology in Brazil," explains Anderson Galvao, managing partner at Celeres and coordinator of the economic study.
To the President of ABRASEM, the study shows that investment in biotechnology is good for growers. "And this is all the more important when we think of keeping up the competitiveness of national agricultural production, at a time when expectations of growing world demand for food are taking over the local and international discussion," he notes.
"The case of corn is the most striking example of the leap in profitability and environmental impact that biotechnology can offer to growers. And the impacts of this adoption are even more discernible for small and medium growers, whose competitiveness is improving," Barison adds.
Read the entire study on economic benefits ( link to Celeres site )Read the entire study on social-environmental benefits ( link to Celeres site ) Environmental benefits The study also presents the benefits of biotechnology for the environment and the sustainability of Brazilian agribusiness over the past 16 years – since the arrival of the first genetically modified seeds in Brazil – as well as for the next ten years, taking into consideration factors such as water use, diesel consumption, carbon emissions and the use of pesticides. The projected benefit with regard to water use for the period from 2012/13 to 2021/22 is 167.4 billion liters of water that would cease to be used on crops with the adoption of biotechnology. This volume could supply a population of 3.8 million people.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts