Brazil soy growers sour on GM varieties due to yield, consumer preference

Farmers in Brazil's Mato Grosso, the country's top soy state, are shunning once-heralded genetically modified soy varieties in favor of conventional seeds after the hi-tech type showed poor yields.

Another reason for Mato Grosso's ongoing shift away from GMO-soy is that trading houses and meat processors, conscious that some consumers strive to avoid GMO foods, prefer conventional soy and will pay a premium for it. Full story: Reuters