Biotech Updates

Impact Report on "Not Yet EU-authorized' GMs

October 17, 2008

An analysis report on the Impact of ‘not yet EU-authorized’ GMs on Feed and Livestock Production was recently conducted by Cardy-Brown Co. Ltd. on behalf of the Manufacturers’ Federation European Committee of the Cereal and Animal Feed, the European Livestock and Meat Trading Union, and the European Compound Feed & Premix Manufacturers’ Federation.

The report discussed about Europe’s status as a soybean meal and soybean importer and how the current situation on European restriction in the importation of GM soybean and feedstuffs will affect the livestock industry. The EU zero tolerance on GM maize derivatives and GM soybean meal has created a cost impact in the feed and meat industry. This could only be recovered by allowing the approval and influx of GM feedstuffs which are already being used around the world. The scenario in 2008/2009 is estimated to make European livestock industry uncompetitive with the rest of the world. This will result to increased meat imports which have been fed with the non-approved GM products.

The report can be accessed at: http://www.fefac.org/file.pdf?FileID=15694&CacheMode=Fresh