GM soya losing advantage in Brazil
The rising price of glyphosate-based herbicides has practically eliminated the economic advantage gained from the production of genetically modified soybeans in Brazil, the national daily, Folha da Londrina, reports. Folha cites Jose Araldo Gallassini, the president of South America’s largest agricultural co-operative, the Coamo. He reportedly calculates that planting conventional seed cost 20% more than GM soybeans in 2005/06, some 7% last season, and should be just 1.5% costlier in 2008/09. The major soybean-growing state, Mato Grosso, is still set to sow half of its soybean area with GM plants, compared with 40% last season, according to the regional newspaper, Diario de Cuiaba. President of the state’s soybean farmer association, the Aprosoja, Glauber Silveira, acknowledges rising costs but sees advantage in “easier and more efficient” weed management.