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GM wheat put on hold

“Plans to sell genetically modified wheat in the US have been put on hold by Monsanto, the agrobiotech giant in St Louis, Missouri….’As a result of our portfolio review and dialogue with wheat industry leaders, we recognise the business opportunities with Roundup Ready spring wheat are less attractive relative to Monsanto’s other commercial priorities,’ says Carl Casale, Monsanto’s executive vice president. But opponents of GM technology have little doubt that the company halted development of the wheat because of overwhelming consumer opposition in Europe and Japan. Many farmers in America, especially Canada, opposed the GM wheat because they feared losing their lucrative wheat exports to Europe and Japan if there was even a hint of GM contamination.” Yea!

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