Markets and trade
 

Detail

Area
Paraguay
Commodity Group
Oilseeds, oils and meals
Commodity
GM soybean
Date
01/11/2019
Policy Category
Other
Policy Instrument
GMO policy
Description
Approved GM-soy variety ‘HB4’ for commercial use, reckoning that farmer access to the drought- and herbicide-tolerant variety had the potential to boost the country’s area under soybean cultivation.
Notes
PARAGUAY – GM-soy approval: In November, Paraguay – the world’s fourth largest exporter of soybeans – joined the list of countries that approved GM-soy variety ‘HB4’ for commercial use (see MPPU July’19). Industry sources reckon that farmer access to the drought and herbicide tolerant variety has the potential to almost double the country’s area under soybean cultivation. Reportedly, the variety’s commercial launch will be delayed until China, the world’s largest buyer of soybeans, authorizes its importation.