Brazil GM cotton growers suffer 2012 losses
Brazilian cotton growers who invested in genetically modified cotton lines suffered a 130% loss compared with adopters of other GM crops, national newswire Midia News reports. The reverse reflects the lower price of cotton on the international markets. Consultancy Celeres told Midia News that the revelation would be unlikely to lead to lower adoption rates for GM cotton. “Adoption is growing for three main crops [cotton, maize and soybeans],” it is reported as saying. The consultancy believes that the planting of GM cotton will have risen from some 546,500 ha in 2012/13 to almost 1.8 million ha by 2021/22, covering some 87% of the then total cotton area.