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Wednesday, October 13, 2010

Monsanto, Dupont compete for dominance of new GM soybeans approved by the USDA

David Gutierrez
Natural News

The U.S. Department of Agriculture (USDA) has now approved the first crop genetically modified for increased consumer appeal, promising to spark a new battle between biotech rivals DuPont and Monsanto over control of the genetically modified (GM) soybean market.

The approved crop is a soybean engineered to be especially high in oleic acid, a monounsaturated fat. The high-oleic soy had been pending deregulation since 2006, and is now cleared for commercial use. The company still intends to carry out further commercial testing before introducing the crop to the global market in 2012.

Also pending approval are two new GM soy varieties engineered by Monsanto, one to produce higher levels of omega-3 fatty acids and one to produce oils with a longer shelf life. These latter oils are intended as a low-cost replacement for hydrogenated oils (trans fats), which are being widely phased out due to their proven contribution to heart disease and death.

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