Global economic benefits of GM crops reach almost $100 billion
Published on 23 April 2013
In the sixteenth year of widespread adoption, crop biotechnology has delivered an unparalleled level of farm income benefit to the farmers, as well as providing considerable environmental benefits to both farmers and citizens of countries where the technology is used.
‘Where farmers have been given the choice of growing GM crops, adoption levels have typically been rapid. Why? The economic benefits farmers realize are clear and amounted to an average of over $130/hectare in 2011’ said Graham Brookes, director of PG Economics, co-author of the report. ‘The majority of these benefits continue to increasingly go to farmers in developing countries. The environment is also benefiting as farmers increasingly adopt conservation tillage practices, build their weed management practices around more benign herbicides and replace insecticide use with insect resistant GM crops. The reduction in pesticide spraying and the switch to no till cropping systems is continuing to reduce greenhouse gas emissions from agriculture’
Read more in Agra Europe