Farmers will be able to plant genetically modified (GM) crops from next season as the South Australian Government lifts the moratorium on the mainland.
After an independent review by Emeritus Professor Kym Anderson found that there was no price premium as a results of GM bans the government has decided to lift the moratorium across the state, except in Kangaroo Island.
Minister for Primary Industries Tim Whetstone said the review showed that farmers were losing out because of the ban.
"The Anderson Review found the moratorium has cost South Australian grain growers at least $33 million since 2004 and will cost farmers at least a further $5 million if extended to 2025, harming this state's ability to attract investment in agricultural research and development," Mr Whetstone said.
"This reform will help increase farm profitably and drought resilience, create job opportunities in our regions, grow the state's economy and attract greater research investment."
Both Grain Producers South Australia and the GM Crop Advisory Committee recommended lifting the moratorium on mainland South Australia while recognising that one group of producers on Kangaroo Island has an established market for non-GM canola in Japan.
A six-week consultation, finishing on September 30, has currently begun, with the Government looking at submissions before the new regulations are put into place.
For more information visit www.pir.sa.gov.au/gmreview