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Date:

April 27, 2000

Subject:

McDonald's following PepsiCo's lead

 

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>To: AgBioView
>From: "Hunst, Penny (PL)"
>Subject: McDonald's following PepsiCo's lead
>Date: Fri, 28 Apr 2000 08:31:13 -0500
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>Friday April 28, 2:32 am Eastern Time
>
>McDonalds asks cos to stop using Monsanto potato-WSJ
>
>NEW YORK, April 28 (Reuters) - Fast-food chains including McDonald's Corp
>(NYSE:MCD - news) are telling their french-fry suppliers to stop using
>Monsanto Co.'s genetically modified potato, the Wall Street Journal reported
>in its online edition on Friday.
>
>J.R. Simplot Co, a major McDonald's supplier, has told its farmers to stop
>growing the potato developed by Monsanto, which is now a part of Pharmacia
>Corp (NYSE:PHA - news).
>
>PepsiCo (NYSE:PEP - news) unit Frito-Lay Co, said on Thursday that it was
>asking its farmers not to grow genetically modified potatoes this year, the
>Journal said. Earlier, the company told its corn farmers to stop growing
>genetically modified crops.
>
>The modified crops are easier to grow and heartier than conventional
>varieties.
>
>Critics have raised questions about the safety of modified crops and their
>impact of the environment. Studies show many U.S. consumers want labels on
>foods that contain genetically modified ingredients.