ADM Warns Farmers to Segregate Crops -- Increasing Costs for GM Farmers
Monsanto Investing News web page.
Thursday September 2, 6:57 pm Eastern Time
U.S. farmers face extra work, costs in GM
By Bob Burgdorfer
CHICAGO, Sept 2 (Reuters) - The global battle over genetically modified
crops moved closer to U.S. farmers this week when agribusiness giant
Archer Daniels Midland Co. (NYSE:ADM - news) warned suppliers to
keep such crops separate from conventional ones.
With harvest only days away in the Corn Belt, farmers and grain merchants
heeding the warning will be forced to
absorb additional storage and handling costs, industry sources said.
``If you needed two bins before, now you will need four,'' said Kevin
Aandahl, spokesman for the National Corn