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Breakthrough in Brazil - Approval of Dabeinong's GM soybeans

Beijing Dabeinong Technology Group Co Ltd has made headlines in the agricultural world with its latest breakthrough in Brazil. The country has granted approval for the commercial planting of the company's genetically-modified soybean, DBN9004. This decision marks a significant step in modernizing soybean cultivation in South America. 

DBN9004 is designed to resist specific herbicides like glyphosate and glufosinate-ammonium, providing a robust solution to weed control challenges in soybean farms. This trait is particularly advantageous in the context of South American agriculture, where efficient weed management is crucial. 

The recent approval signifies Beijing Dabeinong's first successful venture in Brazil's soybean market. This achievement is anticipated to fuel the company's expansion plans within the country. Previously, the company had made its mark in Argentina by securing approval for its genetically-modified, insect-resistant soybeans in 2022, demonstrating its growing prominence in the South American agricultural sector. 

The endorsement of DBN9004 in Brazil represents not just a triumph for Beijing Dabeinong, but a leap forward for agricultural practices in the region. The introduction of these soybeans could revolutionize farming efficiency and sustainability, providing farmers with a powerful tool in their crop cultivation arsenal. 

Moreover, this development underscores the increasing collaboration and exchange of agricultural technologies between China and South American nations. As such, the approval of DBN9004 is more than a business achievement; it's a testament to the growing synergy in global agricultural innovation and sustainability efforts. 

Source : wisconsinagconnection

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.