The Economic Benefits of Agricultural Biotechnology in Brazil: 1996 – 2009

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Abstract or Summary

Thirteen years after the introduction of agricultural
biotechnology in Brazil, the economic benefits achieved by
rural producers using this technology and the industry holding the technology reaches the amount of USD 3.6 billion.

As for the economic benefit generated, soy, for being the
culture which has been using biotechnology for the longest
period of time, accounts for the largest share of this benefit, namely 78% of the total. However, it is remarkable that corn, which adopted biotechnology for the first time in the 2008/09 crop, already accounts for 18% of the economic benefit generated in such period of time, what shows how meaningful biotechnology is to the output of this cereal. Cotton, which adopted biotechnology in 2004/05, is responsible for 4% of the total benefit, reminding that one of the reasons for the smallest share of cotton in the total economic benefit is that the area planted with cotton is quite smaller than the one with soy and corn.

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