Sunday, April 13, 2008

Opting out

"Romania, which has been one of the most receptive markets on a skeptical Continent for genetically modified crops, is moving toward a reversal of its stance, in what would be another setback for the beleaguered biotechnology industry in Europe.

Over the past decade, Romania became the largest producer of gene-altered crops in Europe because of large amounts of modified soy, mostly produced by Monsanto and Pioneer, a unit of DuPont. That crop was approved for use by farmers in Romania but not in the EU, and the government had to pledge to stop growing the crop when Romania joined the bloc in 2007.

In the future, Korodi said, farmers - particularly those with small plots in mountainous areas - could prosper from selling smaller quantities of unmodified produce, as it would command higher prices on local and international markets.

"GMOs mean crops are cheaper to produce," Korodi said. "But if we look at the market price that GMO-free crops earn, and we look at the costs to biodiversity of using GMOs, then non-GMO crops are better," he said." (Thanks Yaz)

Read also the latest Vanity Fair for an extensive article on Monsanto.

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