The Brazilian army of Chinese seed maker Long Ping High-Tech plans to double its production capacity from 4 million to 20 million bags by September and take the lead in the corn seed market.
“We have already experienced stagnant demand from all our customers, even in partnership with third parties to produce the quantity we need,” Long Ping President Aldenir Sgarbossa told Globo Rural. ..
“Brazil is moving towards 30 million hectares of corn acreage, with expansions in the state of Mato Grosso and the northeast, so to serve the Midwest, Maranyan, Pierui, Tocantins and Para. We have a large investment in Matt Grosso, “he added.
The Chinese-owned company maintains one of Latin America’s most modern seed biotechnology laboratories, in addition to offices, test areas and refrigerator compartments.
LongPing, one of the more than 2,000 companies owned by the China Citic Group, used the Chinese philosophy of “reducing waste, maximizing processes, capturing flows, and investing in people,” Sgarbossa said. , Will grow for 10 years in 18 months. “
Apart from corn seeds, the first LongPing hybrid sorghum seeds (Morgan and Forseed brands) will be delivered to Brazilian farmers in January 2023, with the first soy seeds being launched in time for the 2025/2026 harvest.
LongPing has partnered with a Chinese university to develop soybean seeds in Brazil, gaining a larger share of the country’s largest agricultural market.
Research on rice seeds is also being conducted in Brazil, but I am not interested in investing in seeds for the Brazilian market, which the Chinese consider small.
The company plans to expand seed sales from Brazil to other countries and already operates corn hybrid research and adaptation centers in the United States, China, Paraguay, Argentina and Chile. In Paraguay, corn seeds will be on sale this year, and the next should be the North American market.
In addition to the Americas, the expansion project targets the African markets of Tanzania and Ghana, CL Brief reported.
“We want to bring LongPing’s expertise in corn and soybean seeds to these countries, where climatic conditions, temperatures and elevations are similar to Brazil, which is very beneficial to agricultural development. We want to be a facilitator of this process, teaching how to plant and produce grains so that we can become a supplier to China in the future, “says Sgarbossa.