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Commodities

Genetically modified crop cultivation plateaus in US

Genetically modified corn and soybeans are grown at Monsanto's test farm in the U.S. state of Illinois.

TOKYO -- Cultivation of genetically modified crops looks to have hit a peak in the U.S. as a soft international grain market pushes farmers to grow more traditional varieties in exchange for special premiums.

     GM crops accounted for 94% of U.S. soybean cultivation by area in the 2015-16 growing season, unchanged from a year earlier, the Department of Agriculture reported last July. That share for corn fell from 93% to 92%. "The premiums paid for non-GM products have become more appealing amid a soft crop market," explained a representative for general trading house Kanematsu.

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