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Home > Monsanto shares fall as South Korea joins pause in wheat imports

Monsanto shares fall as South Korea joins pause in wheat imports [1]

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Washingtonpost.com, By: Steven Mufson, 05/31/2013

 

 

Investors drove down the price of Monsanto shares by 4 percent on Friday as South Korea joined Japan in suspending imports of U.S. wheat after an unapproved strain of genetically modified wheat was discovered in a field in eastern Oregon. The strain of wheat, designed to resist harmful effects from Monsanto’s Roundup weedkiller, was never commercially developed by the St. Louis-based agriculture giant in large part because wheat growers did not want to risk retaliation from their biggest export markets.

 

Fields used to test new crop varieties are burned and checked for surviving crops. So the mysterious appearance of the Monsanto wheat has raised questions about how the strain traveled there and whether it is lurking in the commercial wheat crop.

 

For more on this story visit www.washingtonpost.com [2]

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[1] //soundofheart.org/galacticfreepress/content/monsanto-shares-fall-south-korea-joins-pause-wheat-imports
[2] http://Conn. Senate passes GMO labeling compromise bill Washingtonpost.com, By: Steven Mufson, 05/31/2013 Investors drove down the price of Monsanto shares by 4 percent on Friday as South Korea joined Japan in suspending imports of U.S. wheat after an unapproved strain of genetically modified wheat was discovered in a field in eastern Oregon. The strain of wheat, designed to resist harmful effects from Monsanto’s Roundup weedkiller, was never commercially developed by the St. Louis-based agriculture giant in large part because wheat growers did not want to risk retaliation from their biggest export markets. Fields used to test new crop varieties are burned and checked for surviving crops. So the mysterious appearance of the Monsanto wheat has raised questions about how the strain traveled there and whether it is lurking in the commercial wheat crop. For more on this story visit www.washingtonpost.comd274bc611a47_story.html
[3] //soundofheart.org/galacticfreepress/tags/protest
[4] //soundofheart.org/galacticfreepress/tags/south-korea
[5] //soundofheart.org/galacticfreepress/tags/gmo
[6] //soundofheart.org/galacticfreepress/tags/monsanto
[7] //soundofheart.org/galacticfreepress/tags/may-2013
[8] //soundofheart.org/galacticfreepress/category/type-post/galactic-free-press