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Feb 5, 2010

Brazil Approves BASF's Cultivance® GM Soybean

Cultivance® soybeans.  Photo: BASF
On 5 February 2010 Reuters reported that the German conglomerate BASF had received regulatory approval to sell Cultivance®, its genetically modified (GM) soybeans in Brazil.  These were jointly developed with Embrapa, the Brazilian Agricultural Research Cooperation.

BASF executives told Reuters that they hope to win "10 to 20 percent of the soy acreage in Brazil, the second-largest soy producer after the United States."  BASF is in competition with Monsanto and DuPont's Pioneer Hi-Bred for this market.

BASF executives stated tht they are "investing in research at its agricultural business because it offers a more stable income stream than its cyclical plastics and industrial chemicals units."

BASF's soybeans are herbicide tolerant to the chemical compound imidazolinone.  The company sells this herbicide so it is also looking to make a profit from sales of this weedkiller.  It will face competition from rivals selling generic imidazolinone.

"BASF is now seeking the approval for the GM-soy in key export markets such as China and the U.S., where it would mainly be used for animal feed."

BASF's next plan is a collaborative effort with Monsanto to introduce drought tolerant corn  in the U.S. in 2012.

For more see:

"BASF gets Brazilian nod for soy, first GMO product," Reuters, 5 February 2010.

"BASF and Embrapa’s Cultivance ® soybeans receive approval for commercial cultivation in Brazil," News Release, BASF, Brasília and São Paulo, Brazil, 5 February 2010.

About Margaret

CEO and Curator (The Food Museum) | Managing Director and Chief Editor (GR2 Global LLC) | Educator (UCLA PhD) | Researching and writing on global food issues, nutrition and health, sustainability, history (preservation), conservation (natural resources), and design.
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