According to reports, imports of U.S. soybeans to the European Union have been halted due to EU regulations against non-approved GMOs, even in trace amounts.
Because of low harvests in South America this year, Europe needs six to 7.5 million tons of U.S. soybeans, say feed industry and grain trade associations Fediol, Fefac and Coceral. The soybeans are needed for animal feed production.
No decisions were made Oct. 19 by EU farm ministers regarding GMO approvals, though the EU Commission indicated it would make a quick decision.In past months, 180,000 tons of U.S. soy were not allowed into Europe due to traces of three GMO maize not approved by the EU.
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