:. Food Industry News


Japan's Kanematsu to Boost Non-GMO Soy

Source: Reuters
12/09/2008

Tokyo, Sept 12 - Japan's Kanematsu Corp plans to triple planting of non-GMO soybean for food use on 50,000 acres at Prince Edward Island of Canada in a few years, in collaboration with a Canadian seed maker and local farmers.

Daily News Alerts

Kanematsu has introduced on the island non-GMO seed types which grow well in areas at a higher latitude with shorter day hours than in the U.S. Midwest, which is traditionally the world's major producing area, meaning there is potential for the company to expand acreage in Canada.

Prince Edward Island, located on Canada's east coast, is the country's biggest potato producing province. There are hardly any soybeans grown there, but farmers are shifting away from potatoes due to lower demand and fears of frequent pesticide use contaminating the ground water, to more profitable alternatives such non-GMO soybeans.

The province's plantings is expected to total 15,000 acres next year, with an expected output of 15,000 tonnes all for shipment to Japan, according to Masahiko Ohkita, Kanematsu's soy manager.

Its importing costs are almost the same or lower than those of the U.S. Midwest origin, which require separate storage and transportation to keep away from GMO soy.

More than 90 percent of U.S. soy planting is now genetically modified, but tofu makers in Japan only use non-GMO soy for safety concerns.

Ohkita said increasing demand for health food in the rest of the world means the United States now accounts for less than half of global demand.

The remaining non-GMO soy is mainly from South America, but Japanese importers are less competitive in buying them than European and U.S. rivals due to extra freight costs, he said.

"So, we tapped into (the higher latitude area of) North America," he told an interview with Reuters on Friday.

Canada's non-GMO soy exports total around 750,000 tonnes a year, compared with that of U.S. origin of 2.4 million tonnes, he said.

Japanese tofu, soy sauce and other food processing makers use about 1 million tonnes a year of non-GMO soybeans from abroad in addition to locally grown soy, and Kanematsu provides about 10 percent of the non-GMO imports.

"We expect Prince Edward Island later to become a main supplier to Europe, and our second stage is to try it on the west coast," he said. "We have both land and seed."

In 2010, Kanematsu plans to provide a total of at least 10 non-GMO soy types and start test farming of these seeds in British Colombia in Canada and Washington state in the United States for shipment to Japan and the rest of Asia, Ohkita said.



GO   View more articles on this subject

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
Kikkoman Secures Non-GM US Soy for Japan 09 Demand
Coca-Cola Seeks 50 Pct Stake in Japan Bottler
Japan Finds Unauthorised GM Rice in China Products...
Nihon Shokuhin to Import 150,000 Tonnes US GMO Corn
Anti-Hay Fever GMO Rice May Win Over Japanese Doubts
Budget Cakes Sate Japan's Sweet Tooth in Tough Times
Japan: 2010 Dairy Market Expected To Be Characterised...
World's First SDA Omega-3 Soybean Oil Achieves Major...
Japan's Kirin to Close Two Factories
Itochu to Take Uny Stake to Help China Expansion

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228