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2009-08-26 |

Feed industry predicts rocketing prices - EU sticks to GM-zero tolerance policy

The concession that feed groups have been clamouring for to restart US soybean shipments to Europe has been put on hold raising the prospect of rocketing feed prices. The European Commission has sidelined a proposal to soften its zero tolerance on imports of unapproved genetically modified crops, for fear of the controversy such a measure would cause, an insider told Agrimoney.com. ”Even if it was agreed at commission level, the difference of opinion [over GM] in EU member states would make this very difficult,” the source said. ”It has been put on the backburner for the foreseeable future.”

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2009-08-26 |

Feed industry predicts rocketing prices - EU sticks to GM-zero tolerance policy

The concession that feed groups have been clamouring for to restart US soybean shipments to Europe has been put on hold raising the prospect of rocketing feed prices. The European Commission has sidelined a proposal to soften its zero tolerance on imports of unapproved genetically modified crops, for fear of the controversy such a measure would cause, an insider told Agrimoney.com. ”Even if it was agreed at commission level, the difference of opinion [over GM] in EU member states would make this very difficult,” the source said. ”It has been put on the backburner for the foreseeable future.”

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