South Korea and Japan suspend U.S. wheat GMO imports after GMO field discovery in Oregon.

Japan and have partially suspended US after genetically modified crops that have never been approved were discovered in Oregon, officials and representatives said on Friday. Both countries planned to implement further testing including the European Union.

The strain of wheat, specifically designed to be resistant to Monsanto’s pervasive Roundup weedkiller, was never commercially developed by Monsanto as did not want to risk retaliation from their biggest .

Investors drove down the price of Monsanto shares by 4 percent on in May 2013 as joined Japan in suspending imports of U.S. wheat.

Both Asian countries temporarily suspended imports of soft white US wheat, which is used mainly to make and noodles, but did not cancel other from the United States, U.S. Wheat Associates (USW) and the National Association of (NAWG) have both stated.

Japan is the largest importer of American wheat, followed by Nigeria, Mexico, , the Philippines and the European Union.

Other countries including in the Philippines have said they are monitoring the situation.

Source

http://voiceofrussia.com/news/2013_06_01/Japan-and-South-Korea-ban-U-S--wheat-9090/

http://www..com/business/economy/monsanto-shares-fall-as-south-korea-joins-pause-in-wheat-imports/2013/05/31/5df79a3a-ca2c-11e2-8da7-d274bc611a47_story.html

Be Sociable, Share!

    Staff

    Writers for the Food Exposed blog

    Leave a Reply

    Your email address will not be published. Required fields are marked *