AN INITIAL LOOK AT THE TOKYO GRAIN EXCHANGE NON-GMO SOYBEAN CONTRACT

Joe L. Parcell

Journal of Agribusiness, 2001, vol. 19, issue 1

Abstract: Genetically modified organisms (GMOs) such as soybeans and corn have garnered considerable consumer attention due to the concern over potential effects from using these commodities as inputs into food production. In the simplest form, segregation of bioengineered and non-bioengineered crops is an identity-preserved system. For these identity-preserved systems to exist, there must be a market discovery mechanism in place whereby supply and demand factors interact to establish a market price. In May 2000, the Tokyo Grain Exchange began a nongenetically modified organism (non-GMO) soybean contract. This article describes information garnered from the first public-offered identity-preserved marketplace.

Keywords: biotechnology; genetically modified organisms; identity-preserved markets; non-GMO; soybean contract; Tokyo Grain Exchange; Marketing (search for similar items in EconPapers)
Date: 2001
View citations in EconPapers

Downloads: (external link)
http://purl.umn.edu/14684 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ags:jloagb:14684

Access Statistics for this article

More articles in Journal of Agribusiness from Agricultural Economics Association of Georgia
Contact information at EDIRC.
Series data maintained by AgEcon Search ().