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BRAZIL APPROVES IMPORT OF GMO CROPS FROM U.S.
Successful Farming reports:

Two months after Brazil's Ministry of Agriculture asked the country to temporary lift restrictions, Brazil was approved to import genetically modified corn from the U.S.

The National Technical Commission of Biosafety (CTNBio) approved the importation of three varieties: the genetically modified corn MON87427 and MON87460 from Monsanto, and the transgenic corn 3272 by Syngenta. The information was confirmed to Successful Farming Brazil by the press office of the Ministry of Science, Technology, and Innovation.

The decision was awaited with anxiety by the poultry and hogs industry, which are facing a serious crisis because of the increased cost of corn, the main raw material for animal feed. With the breakdown of the second corn crop in 2015/2016 and record exports last year, the product offering backed off and the shortage of corn caused a significant increase in cereal prices in the domestic market. With the approval of the CTNBio, the poultry and pork sectors expect to import U.S. corn with more competitive prices.


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