China Approves Drought Tolerant HB4 Soybeans

Bioceres Crop Solutions Corp. announced on April 29, 2022, that China's Ministry of Agriculture has given its approval for the import and use as a raw material of soybeans produced using Bioceres' proprietary drought tolerance technology, HB4®. Beijing Da Bei Nong Science and Technology Group Co. Ltd., Bioceres' partner in China has confirmed the approval.

Argentina approved HB4® soybeans for growth and consumption in 2015; with the unrestricted commercialization of HB4® soybean seeds in Argentina subject to Chinese import approval. HB4® soybeans are now approved for unrestricted growth and commercialization in the United States, Canada, Brazil, Argentina, and Paraguay, representing roughly 85 percent of the global soybean trade.

For more details, read the news release from Bioceres.