The chart attached shows the breakdown of types of soybean seeds used in Brazil. Intacta trait is very popular. Producers like it more so for yield potential than insect resistance.
I will be monitoring the deployment of new traits such as RR Xtend and Enlist in the coming years.
Brazil and Argentina need this new technology to combat weed resistance to Glyphosate.
Argentina is still working on their seed law after four years of debate.
Brazil wants and needs new seed technology. Farmers are willing to pay a reasonable price for new traits.