Re: ERR/NYT coverage of GMOs

From: Klaus Wiegand (WIEGAND@lufa-sp.vdlufa.de)
Date: Wed Mar 22 2000 - 05:23:02 EST


hello, michelle

>"Protests on New Genes and Seeds Grow More Passionate in
>Europe"
>Donald G. McNeil Jr.
>
>New York Times, March 14, 2000, Page A1

confirmed.

from frankfurter allgemeine zeitung 20.03.00

the page for the stock-market futures and option prices for raw
industrial material:

"[..] under these conditions it is intensely discussed, how high the
soybean area will be, american farmers are going to plant in
the year 2000 with gentically modified seeds. last year about 30%
of the total corn area was planted with these seeds.

but the protests in europe might change that and show the first
effects. farmers fear, that they cannot sell the corn without
arising problems. that's why PRUDENTIAL SECURITIES expects the area
planted with genetic modified seeds to be reduced down to
20% of the total planting area."

(as always: i keep the copyright to any translation errors ;-])

one of the strange thing is: i followed this market for years and
also the reports of the agricultural outlook board and the ERS.
NOWHEN in this time did i read ANYTHING about reduced export
possibilities of GM corn or soy to europe, not even last year, when
they dropped to an decennial low. it was not before yesterday's
report of the AO board, that the words "refusal from europe" and
GMO were EVER mentioned at all in an official report.

chance or purpose ?

  ---------------
   klaus wiegand

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