Monsanto has agreed to settle some of the lawsuits brought by U.S. farmers who allege they lost money when an Oregon field was discovered to have been contaminated with an experimental genetically modified strain of wheat.
The ongoing turmoilÂ in Ukraine could impact the worldâ€™s wheat supply and with reports that fighting is edging closer to a key Black Sea trading port, farmers and commodity brokers are paying attention.
Pro-Russian rebelsÂ appear to be pushing closer to the Ukranian city of Mariupol, a strategic port city. As Ukraine is one of the worldâ€™s largest exporters of wheat, any disruption in the harvest or transport of the countryâ€™s wheat crop could put a kink in global supply lines and could raise grain prices across the world.
Many farmers say they would like to grow genetically engineered wheat to help them feed a hungry world, but itâ€™s not what everyoneâ€™s hungry for. And now, with the mysterious appearance of Roundup Ready wheatÂ in a farmerâ€™s field in OregonÂ a few weeks ago, consumer resistance may grow even stronger.
Most of the corn and soybeans grown in the United States are genetically modified, but GMO wheat has never been approved for farming.
The Dust Bowl of the 1930s is the subject of a new documentary from Ken Burns airing this month on PBS television stations. The man-made disaster left an indelible mark on the Midwest and on history â€” and, as Harvest Public Mediaâ€™s Grant Gerlock reports, todayâ€™s extensive corn production could make the region vulnerable once again.