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2007-03-19 | permalink
Mexico halts US rice over GMO certification
Mexico, the largest buyer of US rice, has halted several shipments at the border pending certification that the grain is free of genetically modified material, a Mexican government official said Wednesday. Chicago Board of Trade rough rice futures took a nose dive Wednesday, falling nearly the 50-cent trading limit on talk of the trade disruption, traders said. US export sales were already lagging about 20 percent from a year ago as business has been hurt since a biotech gene material LLRICE601 was found in the US rice supply last summer.
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2007-03-19 | permalink
Mexico halts US rice over GMO certification
Mexico, the largest buyer of US rice, has halted several shipments at the border pending certification that the grain is free of genetically modified material, a Mexican government official said Wednesday. Chicago Board of Trade rough rice futures took a nose dive Wednesday, falling nearly the 50-cent trading limit on talk of the trade disruption, traders said. US export sales were already lagging about 20 percent from a year ago as business has been hurt since a biotech gene material LLRICE601 was found in the US rice supply last summer.
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