CGB News

CGB Notifies Growers That It Will Not Accept The Corn Trait Duracade

Author: Kelly Buchanan/Monday, February 24, 2014/Categories: CGB News

Covington, LA - Consolidated Grain and Barge Co., a primary supplier of barge and rail grains to the US Center Gulf Export market, has announced that it does not intend to accept crops containing Syngenta’s Agrisure DuracadeTM until such time as the trait has been approved by major export markets, inclusive of China, Egypt, Turkey, and the European Union. While available testing methods have not yet been determined, CGB is considering its options in that regard and may test or require testing of incoming deliveries so long as the trait remains unapproved in certain export markets to which CGB supplies grain.

“CGB is committed and heavily invested in marketing US grains to the world market,” said Greg Beck, VP Grain Division. “CGB supports GMO technology to increase yield and farmer efficiency; however, it is imperative that we take measured steps to protect against significant trade disruptions due to introduction of the trait prior to approval in our important export markets. U.S. producers are facing increased competition for their products from across the world, South America and the Black Sea most notably, and we consider it important to take steps enabling us to better supply grains that meet export requirements,” he added.

About CGB
CGB, with over 70 grain elevators across the Midwest, oversees a diverse family of businesses providing an array of services for producers. The company’s entrepreneurial approach has thrived over 40 years and also includes transportation and logistics services for a global base of customers. Visit www.cgb.com to learn more.
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