GMO news related to India

21.11.2008 |

Urgency eases for GM wheat as prices fall

The push to promote genetically modified (GM) wheat to combat global food shortages could slow as global commodity prices ease, a top industry executive said on Sunday. ”Now that prices have fallen off their peak, I don’t think it will be a priority,” said Vijay Iyengar, managing director of the Singapore-based grains trader Agrocorp International Pte Ltd.

”Because of the record high prices we saw the push for increasing supplies, and so the call for genetically modified grain seeds received a lot of attention.”

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