Reuters – Brazilian ag-tech company ConnectFarm has been selected by China’s Syngenta to participate in a project aimed at recovering at least one million hectares of degraded pasture land in Brazil over five years, the company said in a statement.
ConnectFarm’s role in the project, announced by Syngenta and The Nature Conservancy in 2019, will be to assist farmers as they plant a more resistant soybean seed variety that can thrive in degraded areas, the statement said.
Also as part of the initiative, Syngenta is promoting partnerships with banks to help farmers in Brazil, the world’s largest exporter of many agricultural commodities, to access financing for cultivating soy in such areas, ConnectFarm said.
Read Also
Advance payment changes still mostly in waiting
APP cash advances for 2025 included a credit-worthiness change for farmers, but another three recommended updates for the federal farm lending program are still in limbo.
The initiative comes as a response to the growth of degraded pasture land in Brazil, which accelerated over the years as ranchers cleared land in the rainforest and many other parts of the country to raise cattle for export.
Syngenta, an agrichemicals company, confirmed engaging ConnectFarm in the project, which is broadly aimed at “improving soil health, resource efficiency and habitat protection in major agricultural regions worldwide.”
