|July 14, 2004,
as reported by just-food.com: Argentinean farmers
will soon have another seed option available to them as
the government has announced its approval of genetically
modified corn, NK603, for planting. The move comes despite
the fact that the European Union, the top buyer of Argentine
corn, has not approved the corn for consumption.
The NK603 corn, developed and sold by U.S. biotechnology
giant Monsanto, is genetically engineered to resist
Monsanto’s Roundup herbicide. Monsanto’s
Roundup Ready soybeans and cotton are already approved
for planting in Argentina, as are its insect-protected
corn and cotton.
Monsanto said Roundup Ready corn will be available
to growers this autumn in limited quantities of Monsanto's
branded corn seed for the 2004 planting season in Argentina
and should be available more widely in the 2005 and
2006 growing seasons.
"The new approval in Argentina indicates that
the major crop-producing countries around the world
continue to recognize the safety and benefits of biotechnology
agricultural products," said Brett Begemann, Monsanto’s
executive vice president of international commercial.
Monsanto said the size of the potential market in Argentina
will be affected by the company's ability to receive
import approvals for Roundup Ready corn in other parts
of the world, notably Europe.