Wednesday, July 25, 2007

UPDATE 1-Biotech crop sector sets standards, seeks to ease fears

(Reuters) - KANSAS CITY, Mo., July 25 - U.S. biotech crop
companies on Wednesday unveiled a plan for new industry
standards at a time when the sector faces unfavorable court
rulings and concerns that lax government oversight is allowing
contamination of crops used in food and animal feed.




Leaders of the Biotechnology Industry Organization
and executives with Monsanto Co. and DuPont Co. ,
two biotech crop giants, said they hoped the plan, which
includes third-party auditing, will help agricultural players
around the world feel confident that biotech crop development
is subject to stringent safety standards.


Read more at Reuters.com Government Filings News

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