GM WHEAT A REAL 'LEMON' March 25, 2003 The StarPhoenix (Saskatoon) (The paper referred to is available at www.usask.ca/agriculture/agec/publications/GM%20Canada%203.pdf.) Paul Hanley, a freelance writer with a special interest in the environment, writes that permitting the release of genetically engineered Roundup Ready wheat (RRW) to Canadian farms would make about as much sense as deliberately releasing mad cow disease. Hanley goes on to state that the Canadian Wheat Board, the agency which sells Canada's wheat to the world, surveyed its customers and discovered that 82 per cent of them do not want and would not buy wheat that is genetically modified (GM). The reasons for this are not environmental or ethical but economic: these customers know they can't sell GM products to consumers. Right or wrong, consumers -- especially those in Europe -- do not want to eat GM food. Hanley also notes that in a paper entitled The Optimal Time to License a Biotech 'Lemon', a group of agricultural economists at the University of Saskatchewan considered the potential impacts if Canada was to introduce RRW into the world grain market. Since segregation isn't feasible, and GM wheat genetics will contaminate non-GM fields and shipments, many foreign customers -- and even domestic millers -- will stop buying Canadian wheat. Consequently, all farmers, those growing GM wheat and those who don't, would lose money, about $45.8 million and $32.3 million respectively. Only Monsanto would make money, about $157 million, the study found.