:. Food Industry News

Categories: Food Ingredients News

Kikkoman Secures Non-GM US Soy for Japan 09 Demand

Source: Reuters
20/08/2008

Tokyo, Aug 20 - Kikkoman Corp said on Wednesday it had secured U.S. non-genetically modified soybeans for soy sauce production in Japan for 2009, and would have little choice but to continue to rely on U.S. soybeans.

Daily News Alerts

Many of Japan's soy product makers use non-GM soybeans in keeping with domestic consumer preferences but face daunting procurement difficulties.

Genetically modified soybeans now account for over 90 percent of planting in the United States, the world's biggest soybean exporter, as farmers seek to cut herbicide use and production costs.

A doubling in import costs of non-GM soybeans from a year earlier has encouraged a major Japanese tofu maker, Shinozakiya Inc to increase the usage of locally grown non-GM soybeans, albeit gradually.

But Kikkoman Chairman Yuzaburo Mogi told Reuters in an interview that the company was unlikely to take that route.

"The costs are too high," he said in an interview. "Practically, I don't think that's feasible."

Kikkoman buys non-GM soybeans from the market, unlike a growing number of soy product makers here who buy them either directly from farmers or via trading firms which have contracts with farmers.

Non-GM soybean cargoes are sold at a premium to unseparated cargoes containing GM crops due to the extra costs involved in farming, shipment and storage.

Japan is Kikkoman's largest market and although soy sauce makers are not compelled by law to specify the type of soybeans they are using, the company feels it must use only non-GM soybeans to please customers.

Kikkoman also uses non-GM soybeans to cater to consumers in Europe and Australia, with its only European factory in the Netherlands using non-GM soybeans from Brazil.

But Kikkoman also believes non-GM soybeans are safe and uses unseparated cargoes at its Singapore and U.S. factories.



GO   View more articles on this subject


More Alerts from 21/08/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Japan's Kanematsu to Boost Non-GMO Soy
Japan Finds Unauthorised GM Rice in China Products...
Nihon Shokuhin to Import 150,000 Tonnes US GMO Corn
Japanese Food Manufacturer Kikkoman to Make Kibun Food...
Anti-Hay Fever GMO Rice May Win Over Japanese Doubts
Japan Retail Food Sector Annual Report 2008
Stocks Hit 5-½ Yr Lows on Economic Fears
Itochu to Invest $710 Mln in Ting Hsin
Japan Firm Recalls 8 Million Bottles US Mineral Water
Novozymes and Solae File Patent Application

More in Food Industry News
Wal-Mart's Scott Retiring as CEO, Duke to Succeed
Nestle Says Gaining Share in UK Sweets Market
Istrabenz May Sell 95% Stake in Leading Slovenian Food...
Organic To Go Teams with Jamba, Inc.
Heinz Reports 5.8% Organic Sales Growth, and a 22.5%...
The J. M. Smucker Company Announces Second Quarter...
Mexico Dairy and Products Annual Report 2008
Russia: Synergy Continues to Realize its Export Development...
France: Unilever's Amora-Maille to Concentrate Industrial...
Japan Retail Food Sector Annual Report 2008

Top Headlines
Wal-Mart's Scott Retiring as CEO, Duke to Succeed
Nestle Says Gaining Share in UK Sweets Market
Istrabenz May Sell 95% Stake in Leading Slovenian Food...
Organic To Go Teams with Jamba, Inc.
Heinz Reports 5.8% Organic Sales Growth, and a 22.5%...
The J. M. Smucker Company Announces Second Quarter...
Mexico Dairy and Products Annual Report 2008
Russia: Synergy Continues to Realize its Export Development...
France: Unilever's Amora-Maille to Concentrate Industrial...
Japan Retail Food Sector Annual Report 2008
Codex Agrees Risk Analysis Principles for Nutrients
Over 1,000 Melamine Babies Still in China Hospitals...
Lotte Says no Plan to Buy InBev's South Korea Unit
India Cuts 2008/09 Coffee Output Estimate by 5.6 pct
Fonterra Revises Payout Forecast for 2008/09 Season
PepsiCo to Invest $3 Bln in Mexico
Australian Beverages Seen Quenching Brewers' M&A...
Sugar Weakens on Bleak Global Economic Outlook
Flavors Business and the Developing World to Fuel IFF's...
Ebro to Sell Sugar Unit to British Sugar
China Lays Out Plan for Dairy Industry Reforms by End...
Healthy Coffee Accelerates International Expansion...
Bonduelle Completes Purchase of Belgian Canned Vegetable...
Beverages Comprising a Rice Extract, Derivatives Thereof,...
Infant Nutrition With Protease Inhibitor
Process for the Separation and Sensory Evaluation of...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228