2002 is the key to the market of genetically modified products and non genetically modified products

Introduction: world soybean information network, January 29 news: Brookes West today published a paper on the current situation and future of genetically modified crops The main argument of the report is that 2002 was a key year for the non GM market to move to the GM market, especially in Europe The report includes a detailed discussion on the following aspects: the application of genetically modified technology and the reasons for its application, trade mode and market dynamics, market development prospects and major market trends in the next few years The report mainly summarizes the following points: the application of genetically modified technology in soybean production in the world has developed rapidly, because it has brought obvious benefits to farmers, including the application of genetically modified technology in soybean production in Brazil (Brazil still prohibits the application of this technology); the application of this technology has caused pressure on the price of soybean and soybean meal And will continue to have a negative impact on prices At present, non GM products can be purchased reasonably, easily and without increasing too much cost In 2001 / 02, the demand for non GMO products increased, which is close to the world supply level and may exceed the supply This year, there will be obvious changes in the non GMO soybean market Due to the increase of demand pressure, the price of GMO Products may increase significantly Due to the record smuggling area of GMO soybeans in Brazil, it is difficult to say Brazil without strict identification and inspection Of soybeans are non GMO soybeans Due to the high cost, the sale of non GMO Products (mainly livestock products) will face the problem of transferring the increased cost to consumption, or forcing the increased cost to be absorbed in the supply chain The market believes that the burden of increased costs will fall on the feed and livestock industries; the identification and tracking of genetically modified products (IP) are becoming increasingly important At first, non transgenic derivatives are mainly tracked and labeled, but in a few years, tracking and labeling of transgenic derivatives will be more important VNg