SAO PAULO, Brazil (DTN) -- Handsome premiums and new varieties prompted more Brazilian farmers to plant non-genetically engineered soybeans during recent seasons. That trend may be changing.
A combination of ample supply and high soybean prices in general will reduce non-GE, also known as non-GMO, premiums in the upcoming 2014-15 season and area will either remain stable or decline.
"The heat has gone out of the market this year. We won't see the growth of last year," said Ricardo Sousa, executive director of the Brazilian Non-GMO Grain Producers Association (Abrange).
The market for conventional soybeans remains pretty limited, focused overwhelmingly ...