Brazil, September 24, 2003 -- CropChoice news -- Reuters:
Brazil's Vice President Jose Alencar has approved the
planting of genetically modified soybeans in Brazil,
a spokeswoman said on Wednesday.
"He approved the planting of transgenic soy,"
the spokeswoman said.
Brazil's government is expected to now issue an official
decree, which apparently opens the way for transgenic
seed producer Monsanto Co. of the United States to collect
royalties from farmers for the planting of transgenic
Brazil is the world's No.2 soybean producer and exporter
after the United States and accounts for over a quarter
of global soy supply.
But unlike the United States and Argentina, where genetically
modified crops are widely planted, Brazil has until
now officially banned GM crops and foods.