Brazil: Agricultural Biotechnology Annual
Brazil is the second largest producer of biotech crops in the world. Post forecasts an increase of three percent in area planted to biotech crops during the upcoming 2015/16 Brazilian crop year (Oct. 2015 through Sept. 2016). The increase is mostly attributed to the greater use of biotech soybeans and corn and increased availability of subsidized credit for farmers, although at higher interest rates than last crop year. Post has also updated other sections of the report to reflect new information from trade and government sources.
