Dive Brief:
- Two more grain companies have told Syngenta they will not accept its latest generation of GMO corn.
- Archer Daniels Midland and Consolidated Grain and Barge are warning farmers that they will reject corn grown with the Duracade trait.
- The move follows similar announcements last week from Cargill and Bunge.
Dive Insight:
With ADM and CGB saying they won't accept corn with the Duracade trait, nearly the entire grain-processing industry has, essentially, told Syngenta to back away from its newest GMO product. The only major player left to not weight in is Louis Dreyfus, and our guess is that we'll hear the same things from them very, very soon.
Barring a miracle for Syngenta in China, where regulators are already halting shipments of corn made with earlier strains of the trait, there seems to be no way this can end well for the GMO seed developer.