Hungary To Promote GMO-Free Soya Production With Subsidy
- 6 May 2015 9:00 AM
The government will provide subsidies to promote GMO-free soya production in Hungary, a farm ministry official said. Soya is one of the most important sources of animal feed protein but the type grown in 85-99% of land in the world’s leading soya producers of Brazil, Argentine and the US is genetically modified, Zsolt Feldman said.
At the same time, demand for GMO-free soya in Europe and Hungary has been rising, despite its higher cost, he said.
In a bid to promote GMOfree soya production in Hungary, the government will provide 60,000 forints (EUR 198) per hectare for soya farmers until 2020, said Feldman.
Today, soya is cultivated in 40,000 hectares of land in Hungary and the size is hoped to increase three-fold over the next years, he said.
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