The report also showed substantial environmental benefits. Crop biotechnology had contributed to greatly reducing the release of greenhouse gas emissions from agricultural practices. This results from less fuel use and additional soil carbon storage from reduced tillage biotech crops. In , the reduction in carbon dioxide from the atmosphere was equivalent to taking 8. Its goal is to give insights into the motivations behind why so many farmers around the globe have adopted crop biotechnology and continue to use it in their production systems since the technology first joined the widespread commercial market in the mid s.
The report draws, and is largely based on, the considerable body of peer reviewed literature available that has examined the economic and other reasons behind farm level crop biotechnology adoption, together with the environmental impacts associated with the changes. Skip to main content. Share Print. This results from less fuel use and additional soil carbon storage from reduced tillage with biotech crops. This no-till planting helps to maintain soil health and lower fuel and labor use.
Taken together, studies have shown positive economic and environmental impacts. When the ringspot virus threatened the Hawaii papaya industry and the livelihoods of Hawaiian papaya farmers, plant scientists developed the ringspot virus-resistant Rainbow papaya. The Rainbow papaya was commercially planted in , and today it is grown all over Hawaii and exported to Japan. Learn more on Why Do Farmers in the U.
Grow GMO Crops? The most common GMO crops were developed to address the needs of farmers, but in turn they can help foods become more accessible and affordable for consumers.
Some GMO crops were developed specifically to benefit consumers. Where and when will they meet? In , a team from the Agribusiness and Economics Research Unit at Lincoln University made a model of international trade that related prices to quantities for farmers and consumers around the world.
Once all the equations were written, they were entered into a computer program Microsoft Excel. Then the computer found all the prices that balance supply and demand. There are many factors that affect whether or not farmers profit from growing a certain crop. For example:. First, consumer demand has the largest impact. New Zealand producers increase their profits most when they concentrate on products that consumers prefer.
Therefore, if consumers prefer non-GM products, New Zealand farmers gain by growing these crops. However, if the products are intended for export to countries where consumers prefer GM crops, New Zealand farmers gain more by growing those. Second, an increase in productivity does not necessarily lead to increased profit. Gains will only be made if one or a few farmers increase their crop production. This has to do with supply and demand.
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