GM Soybean Seeds Have Revolutionized the Crop in Four Different Countries New Study Finds

Nov 01, 2012

Argentina Publishes Comparative Study of GM and Conventional Soybean Crops

Argentine Ministry of Agriculture publishes results of a comparative study between Argentina, Brazil, Paraguay and Uruguay on growing genetically modified (GM) soybeans and conventional soybeans

Almost 50 percent of the world’s soybean production is grown in four countries - Argentina, Brazil, Paraguay and Uruguay. A new study released by the Ministry of Agriculture, Livestock and Fisheries of Argentine (MAGP) and the Inter-American Institute for Cooperation on Agriculture (IICA) compared the countries soybean production of GM soybeans to conventional soybeans

The study concluded that GM seed cultivation has a positive environmental aspect when compared to conventional soybean cultivation. Growing GM soybeans were found to reduce soil erosion, improve plant nutrition and reduce the amount of fertilizer needed for application which is correlated with nitrous oxide emissions. The positive results are from not just the GM soybean seed itself, but entire technology package which includes, sowing of the seeds, chemical/biological nutrition and the use of different varieties of transgenic soybeans.

The study also found that the use of GM soybeans not only showed to reduce environmental aspects, but the direct costs of cultivation between GM soybeans and conventional was 15 percent difference of GM soybeans over conventional soybeans.

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.