Aren't you jumping the gun a little? I hope they will be approved, but to claim they ARE approved and will be planted this season seems like you're pushing the envelope a little.
Shares of food maker Monsanto rose 4.5 percent to $106.25 Monday on reports that China may approve some genetically modified soybeans for importation.
After meeting with Chinese Agriculture Minister Han Changfu, several analysts said he indicated that he would approve Monsanto’s Intacta soybeans for importation. China has made no official announcement. Monsanto declined to comment.
The new Intacta soybean is nearly ready for commercialization and has been genetically modified to resist insects. Most corn, soybean and cotton crops grown in the United States have been genetically modified.
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