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ICE Move to Limit Gene-Edited Sugar in US May Hurt Brazil Flows.
- Source :
- Bloomberg.com; 12/9/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- The Intercontinental Exchange (ICE) has introduced a new rule that will limit the delivery of genetically modified cane sugar in the US, potentially impacting Brazilian sugar supplies to the country. The rule requires traders to certify that the sugar being delivered is from traditional plant hybridization and selection methods, which may affect Brazil, the world's top sugar producer. While most of Brazil's sugar is not genetically modified, concerns over GMO sugar imports have prompted the new rule, which could complicate logistics and discourage the use of gene-edited varieties. [Extracted from the article]
- Subjects :
- FUTURES
PLANT hybridization
SUGARCANE
AGRICULTURAL pests
TAX rates
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 181523109