GMO crops provide billions in economic benefits each year—with majority going to farmers...
Story Date: 6/18/2018

 

Source: GENETIC LITERACY PROJECT, 6/14/18


This paper estimates the value of using genetically modified (GM) crop technology in agriculture at the farm level. It follows and updates earlier annual studies which examined impacts on yields, key variable costs of production, direct farm (gross) income and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialisation of GM crops has occurred at a rapid rate since the mid 1990s, with important changes in both the overall level of adoption and impact occurring in 2016. 

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