WINDSOR, Va. — The state of Virginia is helping an agricultural giant sell non-genetically modified soybeans to South Korea — while reaping little value at home.
Gov. Terry McAuliffe this week announced $14,100 in matching funds to “enable Montague Farms to enter a new market, increasing and diversifying its opportunities for selling these value-added soybeans abroad.” Another $14,100 is provided by Isle of Wight County, home of a Montague processing facility.
Montague has exported non-genetically modified organism (GMO) soybeans for more than 25 years. Heretofore, the privately owned firm focused on the Japanese market, “widely recognized for its demanding quality standards,” according to McAuliffe’s office.