2014 LOGAN COUNTY FARM OUTLOOK MAGAZINE LINCOLN DAILY NEWS.com MARCH 27, 2014 27
accept various commodity crops — including those
produced from biotechnology-enhanced seeds.”
The International Soy Growers Alliance will meet
with Chinese government officials March 26-28
“to discuss food security and mutually beneficial
trading agreements and work to prevent potential
trade disruptions.” Five countries that make up the
ISGA—Argentina, Brazil, Paraguay, Uruguay and
the United States — represent more than 90 percent
of global soybean, soybean meal and soy oil exports.
The American Soybean Association and the United
Soybean Board represent the U.S. in the ISGA.
Like corn, some GM soybeans are not yet approved
for trade in some countries. Biotech soybeans have
had limited introduction in the last 15 years. However,
industry experts now say that the pipeline is moving
quickly. Numerous biotech soybeans are moving
toward commercialization.
According to the United Soybean Board: “Significant
delays in regulatory approval may impact local
markets that depend on U.S. soybeans. For example,
U.S. soy meal, as a feed ingredient, plays a key role
in the European livestock market. If U.S. soybeans
were not available for import, the result may cause
significant economic impact to key local markets.”
On Feb. 21, Archer Daniels Midland Co. said that it
would not be accepting Duracade crops. In further
communications on March 5, ADM representative
Jackie Anderson said: “Because of the importance of
exports to American agriculture, ADM will not accept,
against any export or domestic processing contract,
any commodity that contains the Duracade trait, unless
it is approved in all of our major export markets. For
now, we reserve the right to test deliveries and decline
those that contain Duracade.
“As for Viptera, if producers or suppliers intend to
deliver to our interior elevators any product containing
that trait, we ask that they notify us ahead of time.
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