Brazil approved HB4 transgenic wheat, developed by a national company

Brazil approved HB4 wheat.

Today the Brazilian government finally approved the drought-tolerant transgenic wheat called HB4, a national development run by the Bioceres company. This was confirmed to this medium from the firm, whose shares rose 2.48% after the announcement. It must be taken into account that the neighboring country is the main buyer of Argentine wheat. In the weeks prior to this approval, different sectors of the cereal commercialization had expressed their questions to the development.

Regulatory approval was in charge of the National Biosafety Technical Commission (CTNBio). The HB4 wheat is a 100% Argentine development, product of the public-private collaboration of more than 18 years between Bioceres and the research group of the Instituto de Agrobiotecnología del Litoral (CONICET-UNL), led by the Dra. Raquel Chan, responsible for the research leading to development.

The HB4 wheat varieties have a sunflower gene incorporated that increases tolerance to drought conditions, reducing yield losses due to water deficit. The company maintains that the approval in Brazil confirms what the Argentine authorities had ruled, that HB4 wheat is safe for the environment and for human and animal health. In addition, they noted that For food producers, the new technology will allow them to increase their yields per hectare and to be less exposed to the effects of drought. As an example, they cited that the results in the fields most affected by the drought have become 42% higher with HB4.

On the other hand, they assured that there will be a benefit the Argentine economy as a whole, because it can reduce exposure to climatic phenomena, And also for the environment, because increasing productivity per hectare allows to preserve natural resources.

After the approval of Brazil and independent of it, Bioceres confirmed that it will continue to manage the production of seeds and wheat grain HB4 under the preserved identity program that was used in the last two campaigns to guarantee the traceability of production.

To all this, the company had adhered to five requirements that had been defined before the commercial release of drought tolerant wheat. They are:

. Fulfill the requirements of the resolution granting the approval (for example, the approval in Brazil for the Argentine resolution).

. Obtain approval in key export destinations that represent more than 5% of total exports on average of the last 6 years. In this sense, the company will continue working on the regulatory aspect. The company has initiated deregulation processes in Uruguay, Paraguay, the United States, Colombia, Indonesia, South Africa and Australia.

. Availability of an accessible cost detection method with a sensitivity of + 1%.

. Existence of a value capture system and a preserved identity channel.

. Establishment of an extension and education system.

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Reference-www.infobae.com

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