NEWS
NGFA Tallies Cost of Unapproved Traits
Katie Micik DTN Markets Editor
Wed Apr 16, 2014 05:07 PM CDT

OMAHA (DTN) -- The National Grain and Feed Association estimates the U.S. corn, DDG and soybean industries suffered a $1.95 billion loss due to China's rejection of cargos that tested positive for the Agrisure Viptera MIR 162 trait.

The bulk of that loss is an estimated 11-cent-per-bushel lower average price for corn, the association said.

The potential loss resulting from the commercial launch of the Agrisure Duracade could range from $1.2 billion to $3.4 billion, NGFA said. The analysis only included losses from China, but the group noted the trait is awaiting approval in 28 countries not included in the ...

Quick View
  • Prepping for a Pest USDA has released a new set of pest response guidelines for Helicoverpa armigera, the voracious g...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Shaw: Under the Agridome
Shaw: Under the Agridome
Shaw: Under the Agridome
Dicamba Delays
Shaw: Under the Agridome
Brazil Non-GE Soy Boom Stalls
Shaw: Under the Agridome
Clinton Backs Biotechnology
Shaw: Under the Agridome
Oregon Eyes GMO Field Mapping