# As more sectors eye corn, feed makers make a case for GM products - The HinduBusinessLine

> Indian animal feed makers argued at a workshop for allowing GM corn and soybeans, citing demand from ethanol and starch producers that has lifted raw material prices. Bt cotton is currently the only GM crop permitted for commercial cultivation in India.

- Date: 2022-07-11 · published 2022-07-11T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/40607-as-more-sectors-eye-corn-feed-makers-make-a-case-for-gm-products-the
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

If India permitted GM feed grains, supply could expand and ease domestic corn and soymeal costs, but this is only a lobbying push with no policy decision yet.

## Read by commodity

- SBM: neutral
- CORN: neutral
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-03-20 | [GRAIN \| Mexico: The dangers of industrial corn and its processed edible products](https://feedsoft.ai/events/65978-grain-mexico-the-dangers-of-industrial-corn-and-its-processed-edible-products.md) | -0.1% | +3.9% |
| CORN | 2021-10-25 | [Feed millers push for GMO imports to cut rising costs - Business Daily](https://feedsoft.ai/events/44690-feed-millers-push-for-gmo-imports-to-cut-rising-costs-business-daily.md) | +3.5% | +9.0% |
| CORN | 2022-07-12 | [With rising demand for corn & soyabean, feed manufacturers argued for GM maize](https://feedsoft.ai/events/40610-with-rising-demand-for-corn-and-soyabean-feed-manufacturers-argued-for-gm-maize.md) | -13.6% | -16.3% |
| CORN | 2024-12-17 | [Thompson Secures Aid for America's Producers \| House Agriculture Committee](https://feedsoft.ai/events/26953-thompson-secures-aid-for-america-s-producers-house-agriculture-committee.md) | +0.1% | +5.5% |
| CORN | 2023-10-23 | [Biofuel demand strengthens the business case for US agribusiness \| articles \| ING THINK](https://feedsoft.ai/events/15268-biofuel-demand-strengthens-the-business-case-for-us-agribusiness-articles-ing.md) | +0.7% | -3.5% |
| SBM | 2021-10-25 | [Feed millers push for GMO imports to cut rising costs - Business Daily](https://feedsoft.ai/events/44690-feed-millers-push-for-gmo-imports-to-cut-rising-costs-business-daily.md) | +1.0% | +11.1% |
| SBM | 2022-07-12 | [With rising demand for corn & soyabean, feed manufacturers argued for GM maize](https://feedsoft.ai/events/40610-with-rising-demand-for-corn-and-soyabean-feed-manufacturers-argued-for-gm-maize.md) | -8.2% | +3.6% |
| SBM | 2022-03-21 | [Strengthening the EU regulation on deforestation-free products – Global Canopy](https://feedsoft.ai/events/42305-strengthening-the-eu-regulation-on-deforestation-free-products-global-canopy.md) | +1.4% | -3.3% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/as-more-sectors-eye-corn-feed-makers-make-a-case-for-gm-products/article65627791.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.