China has approved Argentina’s drought-resistant transgenic soybeans almost six years later

China has approved Argentina’s drought-resistant transgenic soybeans almost six years later

China has approved Argentina’s drought-resistant transgenic soybeans almost six years later

This is an event developed by the firm Bioceres; The way is open for export

Illustrative photo
Illustrative photo

The government China Approved Drought-resistant soybeans Argentine firm Biocells. The decision was made by the Ministry of Agriculture of this country, the largest importer of oilseeds in the world (in 2021 it acquired 96.54 million tons). The information was awaited by Bloomberg and confirmed ᲔᲠᲘ In government sources. Bioceres also made it public on social media.

In 2015, the firm gained approval for this soybean, called HB4, in Argentina, but its commercialization was driven by authorization in China. The technology is already licensed in the United States, Brazil, Canada and Paraguay. All of these countries, along with Argentina, account for 84% of world soybean production. On the news, the actions of the Bioceres Group on the Nasdaq in the United States, which unites the firm, exceeded 26% at one point.

The genesis of this soy is derived from the work done by researcher Raquel Chan, who discovered a drought-resistant gene in sunflower.

As its first product, the company has resorted to drought-tolerant soybeans, which are considered key to dealing with low rainfall over the years, such as the last agricultural cycle. Soybeans have a stagnant area in Argentina. Strictly speaking, of the 20 million acres he has achieved, there are now about 16 to 17 million acres. With higher yields on corn, he resigned on the hectare, among other reasons.

Meanwhile he then introduced drought-resistant wheat. In Argentina this material was conditionally authorized with the permission of Brazil, the largest buyer of Argentine wheat. A neighboring country has given permission to import flour, not yet grain.

Bioceres is part of the Bioceres Crop Solutions (Biox) Group, in which Argentine capital is involved. 50% of it is formed by Bioceres, where about 300 agricultural producers and famous businessmen such as Hugo Sigman and Gustavo Grbocopatel gather. The remaining 50% is in the hands of the market.

Recently, the group acquired a biofuels and seed care company for agriculture in the United States for $ 243 million. This is the company Marrone Bio Innovations, from Davis, California.

Reactions

Bioceres indicated that the application for authorization in China was submitted on October 21, 2016. “This is the first time the Argentine has received approval from China,” he said.

“Every major soybean producer in the world has already approved it. Now so is China, a major importer and consumer of soybeans. This proves that our country is a pioneer in the field of biotechnology innovation at the global level. Mentioned from Bioceres on social media.

“The world needs more and more food and is facing a growing climate threat. Today we show that Argentina can be a leader in solving one of the greatest challenges of the 21st century. We are happy and proud, “they added.

“Bravo @groupbioceres Here is the future, we are going !!!! “, agro-industrial businessman Gustavo Grbokopateli responded on Twitter. Later, Grobocopatel told ᲔᲠᲘ: Approval by China is a big step towards the future we are building: vegetables as factories, a production model that speaks in harmony with the environment, human happiness as the main goal, intelligence in the service of welfare, and more. Other things. “

For his part, Daniel Filmus, Minister of Science, Technology and Innovation, said: “The approval of the Argentine transgenic soybean by the Chinese government has been developed by a team led by Raquel Chan, a scientist at the Conicet Institute and the Institute of Agrobiotechnology. University of the Coast, “It’s a good example of public-private art, which also highlights the importance of encouraging investment in science and technology in the face of the voices that recommend it and the administrations that have so far reduced it.” Said the official.

Filmus added: “This achievement translates into the success of a thriving industry, which allows us to add value and create jobs where raw materials are available to increase the provincial production capacity, which is generally the case with soybeans. “Exhausted not only in cultivation but also in industry, in this thriving industry that I’re talking about.”

The Soybean Chain Association (Acsoja) also stated:@ACSOJA_Arg congratulates @ bioceressemilla on China’s historic approval of drought-resistant HB4 soybeans. Recognition of Argentina’s development and research and the relevant fact in the face of the food security challenge facing the world. “

Sources from the Chamber of Petroleum Industry (Ciara) told the media: “We celebrate the approval of Argentine technology as always.” Then they added: “But in terms of exports, we demand the same guarantees as for wheat [en el caso del cereal transgénico las exportadores piden a los productores que expresen que su cereal no es transgénico]To avoid problems in markets that do not have HB4 approved soybeans, which are the vast majority of markets.

Source: La Nacion

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