An Iowa State University report concludes the controversy overgenetically-altered crops may yield a high-priced premium for soybeanswhich are grown by traditional methods. I-S-U economist John Miranowski,the report’s author, says there’s definitely a “growth market” for grainswhich are not genetically modified.Miranowski expects genetically-modified crops eventually to win overconsumers — but the problem is many European consumers can’t comparethe competing products at the grocery store. He says most productscontaining soybeans have been taken off the shelves in Britain because theycan’t guarantee it’s not G-M-O. Miranowski says traditionally-grown cornisn’t as likely to yield a premium price for farmers.
