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Fields of Gold: GMO-Free Crops Prove Lucrative for Farmers
WSJ ^ | 02 Feb 2015 | Jacob Bunge

Posted on 02/03/2015 2:05:59 PM PST by Theoria

Last spring, for the first time in 20 years, Indiana farmer Jim Benham planted his fields entirely with soybean seeds that hadn’t been genetically modified to withstand herbicides.

It wasn’t because the 63-year-old suddenly had embraced the anti-GMO movement. Instead, he was drawn to a nearly 14% per-bushel premium for non-GMO soybeans offered by a local grain terminal, which sells them to Asian feed processors.

Mr. Benham is among a small but growing number of Midwestern farmers moving away from biotech seeds developed by Monsanto Co. , DuPont Co. and other companies in response to lower crop prices over the past two years that have slashed farm profits.

More U.S. consumers are seeking out non-GMO foods, which proponents perceive as healthier and friendlier to the environment. Retail sales of GMO-free cereal, salad dressing, eggs and other food products increased 15% to $9.6 billion last year, among the fastest-growing U.S. food segments, according to market-research firm Nielsen NV. Nielsen sharply increased its non-GMO food sales estimate last year after incorporating a broader range of products and stores.

Fueling the trend are packaged-food companies such as General Mills Inc. and Post Holdings Inc. that have moved to strip genetically modified ingredients from some products.

Food companies pay extra for non-GMO grain and oilseeds due to the relatively small supply and the cost of separating those crops from the genetically modified versions that dominate the U.S. Farm Belt.

“I was profitable because I made the switch,” said Mr. Benham, who farms near Versailles, Ind. “In our business margins are so critical that we chase a dollar anytime we can.”

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Food; Gardening
KEYWORDS: farming; food; gmo; gmofreefarming; gmofreefood; heirloom
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Filling a niche out there.
1 posted on 02/03/2015 2:05:59 PM PST by Theoria
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To: Theoria

I’m about to place my rareseeds.com order. I’m itching to dig in the dirt.


2 posted on 02/03/2015 2:23:41 PM PST by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: Theoria
The yield boost from GM varieties varies from crop to crop and year to year, but over time, a 20%-plus yield gain is a probably low ballpark figure. In addition, despite the higher cost of seed, GM varieties reduce pesticide, energy, and irrigation costs. In a low margin commodity business, that is a strong inducement for farmers to use the technology.

That said, there will be niche for non-GM and/or organic producers as long as foodie cults perpetuate their luddite mythologies. Farmers will grow what their consumers want to buy, and if people are willing to pay the premium, fine. All the biotech companies also produce non-GM seeds as well, so in the end, the foodies will probably be eating Monsanto, Pioneer, Syngenta, Dow, etc. varieties anyhow. But don't tell them that, lest their heads explode.

3 posted on 02/03/2015 2:31:23 PM PST by sphinx
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To: goodwithagun

I’m with you. I order from Seeds of Change online. organic heritage seeds for our garden.


4 posted on 02/03/2015 2:34:56 PM PST by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: sphinx

“the foodies will probably be eating Monsanto, Pioneer, Syngenta, Dow, etc. varieties anyhow. But don’t tell them that, lest their heads explode.”

Not sure about that. I know there is a decent market for heirloom seeds. I’d rather use that than anything from Monsanto. Problem is, I can’t grow either with any success but that’s because I’m lousy at gardening. I


5 posted on 02/03/2015 2:35:53 PM PST by roofgoat
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To: sphinx

I’m happy to pay for good quality food and freedom of choice.

You may have my share of GMO crops. Enjoy!


6 posted on 02/03/2015 2:44:33 PM PST by aMorePerfectUnion ( "Forward lies the crown, and onward is the goal.")
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To: Theoria

If GMO containing food products were labeled as such, the market for GMO foods would probably shrink dramatically very quickly. Large numbers of consumers don’t want it, the companies pushing it know that and that is why they spend tens of millions fighting any state referenda and buying and paying for congressmen to prevent labeling requirements.

And if companies such as General Foods and Post are beginning to offer products without GMO ingredients, it might still be defeated in the marketplace.

It’s amazing to see folks who claim to be some sort of conservative defend the right of sellers to withhold basic product information from consumers. Knowledge of product and price is one of the requirements for the free market so many claim to desire.


7 posted on 02/03/2015 2:51:49 PM PST by Will88
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To: Will88

A similar debate was/is held over Country Of Origin Labeling, COOL, it was held up for awhile. I’m not up on the implementation of it. But different groups were/are against it for the obvious reasons.


8 posted on 02/03/2015 2:57:29 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Theoria

Yep, I think a law was actually passed, but then held up by various maneuvers and objections from affected businesses who opposed COOLs.

They don’t want us to know what foods contain GMOs, or what foods come from China.


9 posted on 02/03/2015 3:10:44 PM PST by Will88
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To: Georgia Girl 2; goodwithagun

I’ve been all heritage now for 3 years. I don’t need to buy seeds any more. Everything from wheat to tomatoes.


10 posted on 02/03/2015 3:12:02 PM PST by CynicalBear (For I decided to know nothing among you except Jesus)
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To: Theoria

They can keep their GMO free grain, I don’t want any of the crap!!!


11 posted on 02/03/2015 3:17:39 PM PST by dalereed
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To: dalereed
They can keep their GMO free grain, I don’t want any of the crap!!!

And good labeling of foods which do, or do not GMO or non-GMO ingredients would enable you and everyone else to make their personal buying choices.

12 posted on 02/03/2015 3:27:48 PM PST by Will88
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To: Will88

Don’t go to the high priced health food stores and you don’t have to read the label since they are the only ones selling the crap!


13 posted on 02/03/2015 3:30:34 PM PST by dalereed
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To: CynicalBear

We saved seeds from some of last years stuff so I will be interested to see how it does this year.


14 posted on 02/03/2015 3:58:05 PM PST by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: dalereed
That might be changing. Article says General Mills and Post are introducing more non-GMO due to demand.

Fueling the trend are packaged-food companies such as General Mills Inc. and Post Holdings Inc. that have moved to strip genetically modified ingredients from some products.

If the demand continues, there will be more and more non-GMO. And Walmart is carrying quite a few organic items. I don't buy but one or two organic items, but someone is paying those higher prices because they keep adding more organic items. ($3.98 per dozen for free range eggs)

15 posted on 02/03/2015 3:59:21 PM PST by Will88
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To: Will88
organic is crap!

I had enough of that garbage prior to and during WW-2.

It's called throw shit at ti and hope for something edible.

I want it to be grown in soil that has been tested and chemically fertilized for the crop being grown and kept bug free with pesticides!!!

16 posted on 02/03/2015 4:14:05 PM PST by dalereed
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To: dalereed

Dale, you’re going to be the only guy left eating that garbage, but you’re too old for it to matter.

How much fake food can one old fart eat?
.


17 posted on 02/03/2015 4:26:16 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Will88

It’s amazing to see folks who claim to be some sort of conservative defend the right of sellers to withhold basic product information from consumers. Knowledge of product and price is one of the requirements for the free market so many claim to desire.


The information is ALREADY THERE, buy organic if you want it non Gmo..........


18 posted on 02/03/2015 4:42:25 PM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Georgia Girl 2

I have had excellent germination and production from all of my heirlooms. In the tomatoes especially the taste is much better. The cucumbers always produce really well and of consistent quality. The green beans, peas, celery, and bell peppers always grow to 4-5 feet and produce all summer. I’ve been really happy with everything.


19 posted on 02/03/2015 4:51:29 PM PST by CynicalBear (For I decided to know nothing among you except Jesus)
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To: PeterPrinciple
The information is ALREADY THERE, buy organic if you want it non Gmo..........

INCORRECT! All non-GMO is not organic and never will be. I seriously doubt the non-GMO grains being used by General Mills and Post for some of their cereals are organic.

20 posted on 02/03/2015 4:59:39 PM PST by Will88
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