A Bloomberg article illustrated how the world’s vast patchwork of GMO regulations can deter international trade.Case in point, even though the Brazilian chicken industry is suffering from a domestic corn shortage this year, companies refuse to buy corn from the U.S. because of Brazil’s stringent regulations on GMOs.“In recent years, some of the largest commodity trading companies have refused to take certain GMO crops from farmers because the seeds used hadn’t received a full array of global approvals, something that can lead to holdups at ports or even the rejection of entire cargoes,” the article stated.
Source: Brazil Won’t Buy U.S. GMO Corn, Highlights Worldwide Divide Over GMOs