More fall out from GMO wheat discovery

Golden Wheat in June

 

PORTLAND, Ore. — South Korea and the Europe have called for new testing of American wheat in light of the GMO wheat plant that was found in Oregon.

The Oregon wheat crop valued at $300 million to $500 million, seems to be beginning to experience more fall out from the discovery since Japan postponed a shipment of 25,000 tons wheat last week.

A 2005 study found that the wheat industry stands to lose $94 million to $272 million a year if GMO wheat was ever introduced, and Monsanto may be liable for damages if Oregon wheat growers or shippers lose sales.

Japan says they want assurance that Oregon wheat is safe before they accept any more. Japan imports soft white wheat grown here to make noodles and crackers.