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Group forecasts 40 percent drop in wheat prices with biotech seed

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Group forecasts 40 percent drop in wheat prices with biotech seed
The introduction of genetically modified wheat could cause a substantial drop in wheat prices, including a 40 percent decrease for hard springs and 57 percent for durum, with reaction harshest from Europe, Japan and other Asian countries. This is according to a report from the Western Organization of Resource Councils.


February 15, 2010
By AgriMarketing/Western Organization of Resource Councils

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Feb. 15, 2010 – The introduction of genetically modified wheat could
cause a substantial drop in wheat prices, including a 40 percent
decrease for hard springs and 57 percent for durum, with reaction
harshest from Europe, Japan and other Asian countries.  This is
according to a report from the Western Organization of Resource
Councils. | READ MORE