The European Commission approves Monsanto’s soya event (Mon 89788-1)

CB&C Ltd is delighted to announce that the European Commission has approved Monsanto’s new soybean event branded RoundUp Read 2 Yield (RR2Y). The approval was a demonstration that the EU is capable of approving new biotech events in a timely manner. CB&C Ltd was mandated by the feed, meat and grain trade associations to illustrate the severity of the impact on the European feed and meat industry should the European Commission fail to approve RR2Y.

However there is still considerable concern that the meat producers of the European Union will be unable to compete with global meat production if the European Commission does not make permanent improvements to the biotech event approval process for imports of grains and oilseeds.