Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Monsanto sees record GM canola sales in Australia

Australian farmers have purchased a record 855 tonnes of Monsanto's genetically modified glyphosate-tolerant Roundup Ready canola seed this season, representing a 55% increase on last year, the company says. As overall plantings of canola are expected to rise only slightly this year, the increased purchases will lead to a big jump in market share, Monsanto points out. It attributes the gains to new high-performing varieties, diminishing premiums for non-GM canola and growing market acceptance for GM canola. Sales in Western Australia amounted to 639 tonnes (+53%), with farmers in Victoria purchasing 91 tonnes (+72%) and New South Wales 125 tonnes (+59%). The rapid adoption sends "a very clear signal" that there is "solid demand for GM canola in domestic and international markets", says Monsanto Australia managing director Daniel Kruithoff.


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts