Wednesday, July 12, 2017

German GMO ban worries Canadian farmers

Germany has banned genetically-modified crops from milk and dairy products, raising fears that Canadian exports of soybeans and soybean meal could be curbed.

German dairy farmers buy almost all of their soybean meal from North and South America, and much of it is GMO varieties.

“It (Europe) is the biggest market for these products (soybeans and soy meal) and Germany is Europe’s largest dairy producer,” writes Peter Eggers, National Farmers Union co-ordinator for the Peace River Region of northern Alberta and British Columbia.

“It could be like a warning signal – grow what the market wants,” writes Eggers, adding that it might have an impact on both soybean and canola markets.