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Sunday, May 8th, 2016

U.S. traders reject GMO crops that lack global approval

Author:     Tom Polansek and Karl Plume
Source:     Reuters
Publication Date:     Fri May 6, 2016 5:23pm EDT
 Link: U.S. traders reject GMO crops that lack global approval
Stephan:   Here is some good news on GMOs. The international market is accomplishing what the corrupt American regulatory agencies would not. Other countries not as in the bag to Big Ag as we are here in the U.S. don't want GMO crops and won't allow them into their countries. American farmers have either grow non-GMO or plan to sell only in the U.S..
A bushel of soybeans are shown on display in the Monsanto research facility in Creve Coeur, Missouri, July 28, 2014. Credit: Reuters/Tom Gannam

A bushel of soybeans are shown on display in the Monsanto research facility in Creve Coeur, Missouri, July 28, 2014.
Credit: Reuters/Tom Gannam

Across the U.S. Farm Belt, top grain handlers have banned genetically modified crops that are not approved in all major overseas markets, shaking up a decades-old system that used the world’s biggest exporting country as a launchpad for new seeds from companies like Monsanto Co.

Bold yellow signs from global trader Bunge Ltd are posted at U.S. grain elevators barring 19 varieties of GMO corn and soybeans that lack approval in important markets.

CHS Inc, the country’s largest farm cooperative, wants companies to keep seeds with new biotech traits off the market until they have full approval from major foreign buyers, Gary Anderson, a senior vice president for CHS, told Reuters.

“I think that would be the safest thing for the supply chain,” he said. CHS implemented a policy last year under which […]

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