|
|
Article: Panic over GM grain in need of a 'time-out'.(Brief Article)(Statistical Data Included)
- Article from:
- Feedstuffs
- Article date:
- October 25, 1999
- Author:
CopyrightCOPYRIGHT 1999 Miller Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Several recent media reports have created an environment of panic and concern among the nation's corn growers. At a time when producer focus is centered on bringing in the harvest, Archer Daniels Midland (ADM), a worldwide giant in the processing and exporting business, has sparked a growing discussion on selling grain that may or may not be impacted by genetically modified (GM) corn. Before producers succumb to a pricing panic, some very basic marketing facts need to be clearly presented.
Key to making good marketing decisions is an understanding of supply and demand. Seed industry reports suggest 35% of the 1999 U.S. corn crop was planted to some variety of GM ...