The following is an excerpt.
In a press release by PG Economics, biotech crops on its sixteenth year of commercialization has delivered an unparalleled level of farm income benefits to farmers and provided considerable environmental benefits to countries planting biotech crops. Close to $100 billion global farm income has been gained during the 16 period due to yield gains from lower pest and weed pressure and improved genetics, and reduced cost of production.
View the original article here: GLOBAL ECONOMIC BENEFITS OF GM CROPS REACH ALMOST $100 BILLION