The Netherlands rejects six GMO soybean shipments

Slowly, the wheat price on the Matif is finding its way upward. The May contract did take a step back but the first contract of the new harvest rose to the highest point in a month. Relatively high energy prices and drought in the US supported the market. The Netherlands has refused six ships loaded with soybean meal from South America. Traces of genetically modified varieties that are not allowed on the European market were found in the soybean meal. Read more about the impact of rejected soy shipments