Biotech Updates

South Korea Grants Food Safety Approval for Biotech Soybean

April 3, 2009

 LibertyLink® soybeans (A2704-12) from Bayer CropScience received food safety approval from the Korean Food and Drug Administration (KFDA). This final regulatory approval in South Korea allows unrestricted planting in the United States and importation into all major markets for LibertyLink soybeans.

"Today marks a significant milestone in the history of crop biotechnology," said the American Soybean Association (ASA) President Johnny Dodson. "This year will be the first planting season since 1996 that farmers have access to new biotech-enhanced soybean traits that can be planted, harvested, comingled and shipped without restriction to customers around the world. The value of U.S. soybean and soybean product exports exceeded $20 billion in 2008, so regulatory approvals in our key export markets are critical to U.S. farmer profitability."

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