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Markets :: Fine Chemicals/Biotech :: Seeds and traits
EU Approves Monsanto Soybean Trait for Food and Feed Uses
2:25 PM MST | December 8, 2008 | Chemical Week Editorial Staff
The European Union (EU) has approved Monsanto’ genetically modified (GM) Roundup Ready 2 Yield (RR2) soybean trait for sale in EU animal feed and food products but not for planting in the EU. Monsanto’s petition was approved as part of regulatory provision that allows lawmakers to approve certain measures if representatives of the 27 nations have not been able to reach consensus on a proposal within a given time frame. Monsanto says the EU approval is critical to its plans for meeting its commitment to double crop yields by 2030, and for the...
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