Saturday, June 2, 2007

Independent Report Slams The Benefits of GE Crops

This article really concentrates on the facts of negative effects that GE crops have. This report is far from what Mansato wants you to believe about their genetically engineered crop. Based on this report the economy has suffered greatly, "it is estimated that gene-altered maize, soya and grapeseed mayhave cost the U.S. economy $12 billion since 1999 in farm subsidies,lower crop prices, loss of major export orders and product recalls. Within a few years of the introduction of GM crops, almost the entire$300 million annual US maize exports to the EU had disappeared, and theUS share of the soya market had decreased," the report said. "The lost export trade as a result of GM crops is thought to have causeda fall in farm prices and hence a need for increased governmentsubsidies, estimated at an extra $3-$5 billion annually," it added. Due to these numbers a majority of farmers are getting together, to put a moratoriumon on the introduction of GM wheat. I find that this article really does show the darker side to GM foods. One that we should all be aware of.

http://www.organicconsumers.org/patent/exposed091702.cfm

2 comments:

WilliamK said...

Fully agree that these "feeding hunger" companies should have a boot firmly inserted for more reasons than one. Not going to say any more to avoid one of my glorious, rambling rants.

tim.r said...

i have to disagree with you partially, in that subsidizing the farmers(8% of our American population) is the governments way of keeping the price of goods down. if manufacturers continue to have to pay $4/ bushel of corn, you are quickly going to see the cost of our daily products increasing at great rates. that and I have a pretty good feeling that the extra 3-5 billion the government is going to save will never be used to decrease the monetary suffering of the rest of the public but will merely line their pockets.

 
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