Implementation of a Traceability and Certification System for Non-genetically Modified Soybeans: The Experience of Imcopa Co. in Brazil

This paper analyses a productive opportunity taken by a family-owned Brazilian soybean crusher (Imcopa) as it adapted its production system to sell certified non-GM soybeans products. Imcopa was Brazil’s first soybean crusher to implement a non-GM soybean traceability and certification system, in 1998. It is now held to be the world’s largest non-GM lecithin exporter. The analysis adopted here is based on a microeconomic perspective of productive opportunities identified by the firm, which goes beyond a simple balance-sheet approach. Four fundamental elements were used to guide the analysis: benefit-cost ratio; information asymmetry; bounded rationality; and company’s growth. The possibility of selling non-GM soy and soybean products on the international market has provided Imcopa with access to an even broader commercial network of feed and food products. This has given the company a better outlook on why it should diversify its activities and intensify its pace of growth.


Editor(s):
Goldsmith, Peter D.
Issue Date:
2010-02
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/93341
PURL Identifier:
http://purl.umn.edu/93341
Published in:
International Food and Agribusiness Management Review, Volume 13, Issue 1
Page range:
1-18
Total Pages:
18
Note:
www.ifama.org
Series Statement:
13
1




 Record created 2017-04-01, last modified 2018-01-22

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