----- forwarded message -----
Date: Tue, 02 Oct 2001 21:30:18 -0000
From: "reg" <[EMAIL PROTECTED]>
Subject: GM Food On The Way Out   from the Oread Daily

GM FOOD GOING BYE BYE
Companies are investing less in genetically modified food now then 
they were five years ago, profits are static, labeling and import 
laws are being tightened. Sergey Vasnetsov, a leading chemical 
industry analyst with Lehman Brothers, says: "The outlook [for the GM 
food industry] is less certain than it was three years ago. Benedict 
Haerlin, Greenpeace International's GM analyst, agrees: "The wonder 
times are over. The promises have not materialized. There are still 
only four major crops being grown."

In the US, the area planted with GM foods is still increasing at a 
rapid rate despite the fact  that the government admits that doubts 
over GM products have damaged exports. Europe, Japan, Taiwan and 
South Korea now largely buy non-GM maize and soya from Brazil and 
China rather than the US. In addition, consumer support is waning in 
the US. An ABC poll in June found that 52% believed GM foods 
were "not safe to eat", and only 35% expressed total confidence. Last 
year a Gallup poll found that 51% saw no hazard. 
Sources: Manchester Weekly Guardian, GE Food Alert Campaign Center


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