@article{McFarlane:188103,
      recid = {188103},
      author = {McFarlane, Ian and Park, Julian and Ceddia, Graziano and  Phipps, Richard},
      title = {ECONOMICS OF TRANSGENIC SOYABEAN PRODUCTION: IMPLICATIONS  FOR EU},
      address = {2010},
      number = {1014-2016-81541},
      pages = {11},
      year = {2010},
      abstract = {World oilseed trade consists of many closely substitutable  commodities, with canola and cotton seed as possible  alternatives to soyabeans for many purposes. Transgenic  events in all three crops have been widely adopted,  particularly in North and South America, for compelling  economic or agronomic reasons. Despite the close attention  from organisations concerned about the potential  environmental consequences of transgenic crop adoption, no  evidence of permanent disruption of ecosystems has been  substantiated.
No transgenic canola, cotton or soyabean  crops are permitted for commercial cultivation in Europe,  and although some transgenic feed resources are permitted  for import, importers are at severe risk of shipments being  denied entry if the slightest trace of an unauthorised  transgenic crop is detected in a non-transgenic shipment.  This means that livestock farmers in the EU can be  disadvantaged due to restricted access or higher feed costs  thus losing a degree of competitive advantage.
In this  paper the extent to which transgenic soyabeans have become  a major component of livestock nutrition worldwide is  examined. The future trends in prices for EU imports of  soyabeans and soyabean oil in the light of further  transgenic soyabean events now being introduced are  assessed, and the effect on import prices of demand for  soyabean oil for conversion to biodiesel is discussed.},
      url = {http://ageconsearch.umn.edu/record/188103},
      doi = {https://doi.org/10.22004/ag.econ.188103},
}