date:Feb 08, 2023
prices increased by about 48%, while premiums for soyfood beans increased by just 4%. In 2022, commodity prices rose nearly 18%, compared to 13% for non-GMO food-grade soybeans.
Furthermore, many farmers of non-GMO soy also have to invest significant capital into their production while taking on greater risk.
Theres a lot of costs involved for the farmer, says McNair. For example, if you are growing a non-GM crop, you generally cannot use the same weed chemistry to affect or reduce the weed