GMO news related to Australia

23.03.2011 |

EU markets pay premium for Australian non-GM canola

ANTI-GM groups say a $30-$50 a tonne premium for conventional canola is proof the world doesn’t want genetically modified grain. However, marketers say the price difference is simply due to international market forces. Bulk handler and marketer CBH reported a non-GM premium of up to $50 a tonne, while prices from GrainCorp show a premium of about $40.

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