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14.10.2020 |

Brazil millers oppose sale of GMO wheat as importing costs would rise, Abitrigo says

SAO PAULO, Oct 14 (Reuters) - Brazilian wheat millers association Abitrigo opposes the approval of genetically modified wheat products for sale in Brazil, saying it will make imports of the cereal more costly and impact prices on the domestic market.

The statement comes after Argentine authorities approved a new genetically modified wheat that can resist drought and tolerates the herbicide glufosinate sodium.

Argentina is a major supplier of wheat to Brazil, accounting for about 60% of Brazilian imports. Another 10% comes from other destinations while Brazil’s own domestic production caters to 30% of the market, according to Abitrigo.

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