BRUSSELS, BELGIUM — Several E.U. feed groups called on the European Commission on July 14 to authorize eight genetically modified (GM) products for import, food and feed processing.
COCERAL, FEDIOL and FEFAC said the E.U. depends on 75% of its needs for protein-rich ingredients for feeding purposes from global world markets. Some of these GM products are already commercialized abroad, and others will be harvested and made available in the key exporting regions to the U.S. this fall, the groups said.
Further delays in the E.U. authorization process may, therefore, lead to significant shortage and trade disruptions due to unavoidable presence of these GM events. This would trigger uncertainty on import flows, supply chain disruptions and price hikes for basic food products and major feed ingredients as well as undermine the competitiveness of the E.U. food, feed and livestock sectors, if a decision is not made in July.
The eight GM products have been deemed safe by the European Food Safety Authority (ESFA) and have reached the final stage of the risk management process. The decisions for the related E.U. import authorizations lay in the hands of the E.U. Commission. Some of these have been waiting approval since the end of 2013.
Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.
These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.