|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
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.