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This week the wheat and soya crops in the pampa humida, Argentina's breadbasket, west of Buenos Aires, were in danger.
Unlike Argentina, the majority of soya crops grown in Brazil are GM-free, although parts of southern Brazil are becoming contaminated with transgenic plants as farmers smuggle Monsanto seeds across the borders in the belief that they are more lucrative.
And international prices for its wheat and soya crops have recently risen after a long slump.All this gives Argentina respite and, crucially, the hope that the economy will grow, thus meeting the IMF's target for the fiscal deficit of $6.5 billion this year.
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The next soya crop planting is under way.
It buys much of the country's soya crop.
Yes, we are guilty of eating lots of soya from faraway places but then 75% of the world's soya crop is fed to livestock.
In South America, where the relentless growth of soya cropping is destroying rainforest and traditional farming systems, it will enable farmers to return to tried-and-tested farming systems.
Other studies suggest Brazil's massive soya crop, which provides animal feed for much of the world, could slump by more than 25% over the next 20 years.
Tim Walter, a farmer in Iroquois, South Dakota, is testing a new product from a company called IdentityPreserved.com on 300 acres of his soya crop.
Since 98% of the U.S. soya crop is of the traditional variety, European Community importers and retailers are reluctant to label thousands of products on the slim possibility that they may contain genetically modifed soya.
On one estimate, GMOs made up more than half the world's soya crop by area, a quarter of its corn and over a tenth of its cotton.Monsanto still dominates the $5.6 billion market for agricultural biotechnology.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com