KTG increases soybean cultivation in the EU

Germany's agricultural group KTG agricultural AG increases its soybean cultivation in Europe in 2015. Siegfried Hofreiter, the Chairman of the Board of the Hamburg-based company, sees a growing need for plants that were not modified by breeders. KTG, one of the few agricultural companies listed on the stock exchange in Europe, grows in 2015 on 11,000 hectares of GMO-free soya beans in Romania, Germany and Lithuania. Last year, there were 7,000 hectares.
Major grocery chains in Germany make their meat provider, use only GMO-free materials in their supply chain, and that is only the beginning of a long-lasting trend with great potential, so Hofreiter told the news agency of Reuters.
The EU imported annually around 13 million tonnes of soya beans and produces only 1.8 million tons. The farmers produce dear rape seed and sunflowers as oil crops. In North and South America, almost exclusively genetically modified soybeans are grown, which is why the buyers in the EU relating to GMO-free beans from India should be replaced by a local production.
KTG had grown for the first time in 2010 on 50 hectares of soybeans, plants need plenty of Sun and is within the commercial cultivation have good yields. Otherwise, the KTG builds grain, rapeseed, sugar beet and other crops on 45,000 hectares. In addition, the company operates large plants for the production of renewable energy and as well as to the food production of finished products.

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