Question
who need more gmos, the people or industry?
Submitted by: Prabhupada shakti
Answer
Expert response from Michiel van Lookeren Campagne
Former Head of Biology Research, Syngenta
Friday, 04/09/2015 13:32
Answer
Expert response from Dr. Stuart Smyth
Assistant Professor, Department of Bioresource Policy, Business and Economics, University of Saskatchewan
Wednesday, 07/10/2015 16:10
GMOs benefit everyone, consumers, farmers and the companies that produce them. I’ve included a table that identifies how the benefits are estimated to be distributed between the three different groups, for each of the four main crops that are GM.
Crop
|
Farmer benefits
|
Company benefits
|
Consumer benefits
|
Canola
|
43%
|
48%
|
5%
|
Soybeans
|
32%
|
34%
|
25%
|
Corn
|
59%
|
30%
|
11%
|
Cotton
|
75%
|
21%
|
4% |
The benefits with canola are very close to being equal for farmers and the companies, with consumers getting a small percentage. Soybean benefits are more equally shared, with farmers and the company benefits nearly identical while consumers gain considerable benefits through lower meat prices due to the high use of GM soybeans in animal feed. Farmers benefit the most from GM corn, with an even larger share of the benefits from GM cotton.
Consumers not only gain from lower food prices, they also share the environmental benefits of lower chemical use.
References:
Smyth, S. J., W. A. Kerr and P. W. B. Phillips. Forthcoming. Global Economic, Environmental and Health Benefits from GM Crop Adoption. Global Food Security.
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