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| BRAZIL - A TOP PLAYER IN SEEDS |
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The growth and competitiveness of the Brazilian Agriculture during the last 20 years was tremendous.
As a consequence, the seed market became a great business in the Brazilian Agriculture.
According to the International Seed Federation estimates, from June 2008, the domestic seed market in Brazil is around U$2 billions!
Same source indicates Brazil is the fourth largest domestic seed market in the world.
The value of the Brazilian seed market should grow significantly in the next years in view of the GMO introduction , as well as the continue conversion from open pollinated varieties to hybrids.
Corn seed is the largest seed segment representing more than U$1 billion and has just started using GMO hybrids in the 2009 crop.
Soybean seed market is around U$700 millions and we need to consider that it represents only 60% of the total soybean sowed since 40% still use saved seeds.
Vegetable seed market segment is moving day-by-day to hybrids which makes it much more attractive.
For such reasons domestic and foreign seed companies should look for business opportunities in the seed segment in Brazil.
MNagro was created only recently (March2007) with the objective to provide support to the companies on this market segment.
The experience of MNagro leadership on the seed business could support your company in different ways as you can see on the next pages.
COUNT WITH US!
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