LL601 Contamination and Its Impact on U.S. Rice Prices

Yarui Li, Eric J. Wailes, Andrew McKenzie and Michael Thomsen

Journal of Agricultural and Applied Economics, 2010, vol. 42, issue 1, 31-38

Abstract: LL601 is a genetically modified rice variety and unapproved for commercial use. Its presence was found in commercial shipments of U.S. rice in 2006. This article explores its impact on prices and volume marketed for both the United States and Thailand, the major export competitor. The results show a significantly adverse but short duration effect on the U.S. rice market and little to no effect on the Thai rice market.

Date: 2010
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