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Potential Market for Non-GMO Corn and Soybeans

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Demand for non-GMO (genetically modified organism) corn and soybeans is high in the EU and Japan, which are two of the largest markets for U.S. corn and soybeans. This presents a potential problem for markets if U.S. processors find themselves scrambling to locate and purchase non-GMO crops. By looking at how the 1998 U.S. corn and soybean crops were used, Babcock and Beghin project possible demand in the 99/00 marketing year for non-GMO corn and soybeans.

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Paper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 99-bp27.

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Date of creation: Oct 1999
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Handle: RePEc:ias:cpaper:99-bp27

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Cited by:
  1. Saak, Alexander E., 2003. "Identity Preservation And False Non-Gmo Labeling In The Food Supply Chain," 2003 Annual meeting, July 27-30, Montreal, Canada 22182, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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