Agreement Reached on EU Legislation for GM Crops

EU member states reached an agreement last week on new legislation allowing them to restrict, or ban, the cultivation of crops containing genetically modified organisms (GMOs) on their own territory, even if it is allowed at EU level. 

The agreement reached on the directive, which goes into effect Spring 2015, will ensure more flexibility for member states who wish to restrict the cultivation of the GMOs in their country. 

Also this week...

Despite being just over a week into December, this month has already brought apprehension surrounding Russia’s wheat exports, confirmed declines for this year’s Australian wheat output and further threats for Ukraine’s 2015/16 wheat crop from potential winterkill.

Questions surround how the 1st December US corn stocks estimate will be interpreted.

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Have a great week!

~Gemma

You can follow me on Twitter @5mGemma