An economist in the UK expects that the premium of non GMO soybean meal will increase
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Last Update: 2001-11-30
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Source: Internet
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Author: User
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Introduction: Graham Brookes, a British agricultural economist, told Dow Jones news that EU importers in 2002 may be more willing to pay higher premiums for non GMO soybean meal Brookes said that the premium of non GM soybean meal may be increased from 2% - 4% to 10% - 13%, which is caused by the increase of demand for non GM feed of livestock Now, the FOB price of high protein soybean meal supplied by the European Union in November in Rotterdam port is 208 US dollars / ton As the main protein component of animal feed mixture, EU consumes about 20 million tons of soybean meal every year Supermarkets may be the first to increase demand for non GM soymeal as retailers find it popular with the public Brookes said the presence of more GM soybeans / meal in Brazil could also increase the water premium Brazil is not allowed to grow genetically modified soybeans, but smuggled in soybean seeds have led to the cultivation of many genetically modified soybeans in the country Businesses in the European Union that insist on non GM soybeans / meal will establish more stringent traceability and separation processes (author:) share to feed Weibo share to:
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