04.01.2011 | permalink
EUROPEAN and Japanese grain buyers have threatened to cancel Australian contracts over fears of contaminated canola. Importers have warned Australia’s grain industry they will reject genetically modified grains. The CBH Group, a major Australian grain co-operative controlled by 4800 growers, yesterday declared that natural canola farmers had a major advantage in international markets, attracting a 5 per cent price premium over GM canola.