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The company's sales grew to $350 million in annual revenues by 2005. As the business grew, Silk became the largest purchaser of organic, Non GMO soybeans in North America. [citation needed] According to Silk's web site in August 2009, all its soy beans are sourced from North America including organic and non-GMO soybeans. [3]
A genetically modified soybean is a soybean (Glycine max) that has had DNA introduced into it using genetic engineering techniques. [1]: 5 In 1996, the first genetically modified soybean was introduced to the U.S. by Monsanto. In 2014, 90.7 million hectares of GM soybeans were planted worldwide, making up 82% of the total soybeans cultivation area.
The Non-GMO Project is a 501(c)(3) non-profit organization focusing on genetically modified organisms. The organization began as an initiative of independent natural foods retailers in the U.S. and Canada, [5] with the stated aim to label products produced in compliance with their Non-GMO Project Standard, [6] which aims to prevent genetically modified foodstuffs from being present in retail ...
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Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.
The "Non-GMO Project Seal" indicates that the product contains 0.9% or less GMO ingredients, which is the European Union's standard for labeling. [212] Efforts across the world that are being made to help restrict and label GMO's in food involve anti-genetic engineering campaigns and in America the "Just Label It" movement is joining ...
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