Without access to insect resistance technology, inserted into Bt cotton, corn and soybean seeds, Brazilian farmers could lose [approximately $23 billion] over the next decade….
The data come from the study “Economic and socioenvironmental impacts of insect resistant plant technology in Brazil: historical analysis, perspectives and future challenges,” released January 28. According to the survey, from 2005 to 2018, insect-resistant cotton, maize and soybean seeds generated an additional [$5.9 billion, approximately] in profit for farmers.
[Editor’s note: The study was written in Portuguese.]
The study, conducted by the Biotechnology Information Council (CIB) in partnership with Agroconsult, evaluated insect-resistant cotton, maize and soybean crops and compared them with crops that do not have the protection offered by transgenic [GMO] varieties.
Less machinery was used as well and 144 million liters of fuel were not used, the equivalent of withdrawing 96 million cars from the streets for a year. For the next decade, this sustainable contribution could be even greater, as more than 294 million tons of insecticides are expected to be saved.
[Editor’s note: This article was published in Portuguese. This summary was prepared with Google Translate.]
Read full, original article: Without Bt seeds, Brazilian producers may lose R $86 billion in 10 years