Monsanto shares fall as South Korea joins pause in wheat imports
Washington Post | May 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 . . .
. . . “I was in board meetings where I remember food company CEOs who were very concerned about the idea that Monsanto was pushing for approval for biotech wheat,” . . . “They didn’t want it . . . ”
. . . still testing strains of gene-altered wheat in Hawaii and North Dakota . . . (GM) seeds . . . make up anywhere from 80 percent to more than 90 percent of U.S. corn, soybean and cotton crops. . .
One of their Senators calls it “progress”:
“Alfalfa was one of nearly two dozen genetically modified crops awaiting USDA evaluation . . . “