EU feed prices may skyrocket

EU feed prices could skyrocket if importers follow through on plans to curtail U.S. soybean imports in the wake of a new fuss over traces of non-EU approved biotech corn that showed up in U.S. soybeans imported recently in Germany. EU Farm Commissioner Mariann Fischer Boel expressed support for the feed processors' concerns, but there's no indication a solution will be found any time soon.