05.05.2011 | permalink
Grain group CBH says high prices for non-genetically modified canola look set to continue into next season. Non-GM canola is fetching up to $50 fifty per tonne, $30 to $40 more than its GM counterpart. CBH marketing director Tom Puddy says the trend comes down to European demand and it is likely to continue. ”We know that there is a current premium for it because there are consumers that demand that, so they’ll pay a premium at the supermarket shelf for the particular food items that are certified non-GM,” he said.