Biotech Updates

ABARE Report on Stockfeed Containing GM Ingredients

February 6, 2009

The increasing adoption of genetically modified crops has led to a greater presence in stockfeed mixes but consumers are not rejecting animal products fed with them. This was the conclusion of a report from the Australian Bureau of Agricultural and Resource Economics (ABARE).

The report GM Stockfeed in Australia: Economic Issues for Producers and Consumers discusses key economic issues for supply chain participants and provides an indication of market acceptance of edible products from animals fed GM stockfeed. “Other livestock industries may increase their intake of GM stockfeed in the future, as more varieties of GM crops are developed and commercialized,” says Phillip Glyde, ABARE executive director.

 Read ABARE's media release at http://www.abareconomics.com/corporate/media/2009_releases/29jan_09.html