# With rising demand for corn & soyabean, feed manufacturers argued for GM maize

> Indian animal feed manufacturers argued for allowing GM maize and soybeans at a workshop, as corn demand from ethanol and starch producers rises. Feed accounts for about 70% of poultry production costs, and Bt cotton is the only GM crop currently permitted.

- Date: 2022-07-12 · published 2022-07-12T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/40610-with-rising-demand-for-corn-and-soyabean-feed-manufacturers-argued-for-gm-maize
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Feed-sector lobbying for GM access signals pressure on domestic corn and soymeal supplies, but no policy change has been made and the price impact is limited.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-07-11 | [As more sectors eye corn, feed makers make a case for GM products - The HinduBusinessLine](https://feedsoft.ai/events/40607-as-more-sectors-eye-corn-feed-makers-make-a-case-for-gm-products-the.md) | -14.4% | -15.9% |
| CORN | 2020-01-28 | [ZARC of corn with brachiaria published for Piauí and Maranhão - Revista Cultivar](https://feedsoft.ai/events/54918-zarc-of-corn-with-brachiaria-published-for-piaui-and-maranhao-revista-cultivar.md) | -0.8% | -2.1% |
| CORN | 2020-09-16 | [Fighting GMO Corn, for Mexico’s Soul (OPINION) - Latino Rebels](https://feedsoft.ai/events/51078-fighting-gmo-corn-for-mexico-s-soul-opinion-latino-rebels.md) | +1.1% | +4.7% |
| CORN | 2023-11-27 | [Public News Service \| Mexico’s GM Corn Ban Opens Market for American Farmers \| Farm Action](https://feedsoft.ai/events/33148-public-news-service-mexico-s-gm-corn-ban-opens-market-for-american-farmers-farm.md) | -0.8% | +0.4% |
| SBM | 2020-10-02 | [US Domestic Soybean Oil Demand Could Rise \| Feed & Grain](https://feedsoft.ai/events/50506-us-domestic-soybean-oil-demand-could-rise-feed-and-grain.md) | +4.1% | +9.2% |
| 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 | 2022-07-11 | [As more sectors eye corn, feed makers make a case for GM products - The HinduBusinessLine](https://feedsoft.ai/events/40607-as-more-sectors-eye-corn-feed-makers-make-a-case-for-gm-products-the.md) | -7.9% | +4.5% |

## Sources

- agrinews.in: https://agrinews.in/with-rising-demand-for-corn-soyabean-feed-manufacturers-argued-for-gm-maize/

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