Philippines earns an extra $972.6 million over 16 years of growing GM crops

IMG
Credit: ISAAA

Renowned economist Graham Brookes presented the global economic and environmental impacts of biotech crops from 1996 to 2018 for Thai stakeholders through a live webinar organized by the Biotechnology Alliance Association of Thailand and ISAAA. The webinar also featured a multi-awarded Thai farmer who highlighted how biotechnology can help change the course of agriculture in the country.

Brookes …. provided data about the impact of genetically modified (GM) maize in the Philippines and Vietnam, countries that are similar to Thailand in terms of climate and agricultural settings. For the Philippines, Brookes reported that GM maize with insect resistance, herbicide tolerance, and stacked traits had an increased yield impact of 5.3%, 18.2%, and 23.5%, respectively. The total farm income gain from 2002 to 2018 is USD 972.6 million with a production impact of 4.29 million tons.

Related article:  The human cost of the anti-GMO movement: Why one scientist is quitting GE crop research
Follow the latest news and policy debates on agricultural biotech and biomedicine? Subscribe to our newsletter.

Vietnam, on the other hand, adopted stacked maize technology in 2015. As of 2019, 10.2% of maize in Vietnam uses this technology. It brought the farmers’ average income gain from USD195.67 per hectare to USD329.75 per hectare, and almost doubled their average return of investment from USD6.84 per hectare to USD12.55 per hectare for every extra USD1.00 spent on the seed.

Read the original post

Outbreak
Outbreak Daily Digest
Biotech Facts & Fallacies
Talking Biotech
Genetics Unzipped
Video: Test everyone – Slovakia goes its own way to control COVID

Video: Test everyone – Slovakia goes its own way to control COVID

As Europe sees record coronavirus cases and deaths, Slovakia is testing its entire adult population. WSJ's Drew Hinshaw explains how ...
mag insects image superjumbo v

Disaster interrupted: Which farming system better preserves insect populations: Organic or conventional?

A three-year run of fragmentary Armageddon-like studies had primed the journalism pumps and settled the media framing about the future ...
dead bee desolate city

Are we facing an ‘Insect Apocalypse’ caused by ‘intensive, industrial’ farming and agricultural chemicals? The media say yes; Science says ‘no’

The media call it the “Insect Apocalypse”. In the past three years, the phrase has become an accepted truth of ...
globalmethanebudget globalcarbonproject cropped x

Infographic: Cows cause climate change? Agriculture scientist says ‘belching bovines’ get too much blame

A recent interview by Caroline Stocks, a UK journalist who writes about food, agriculture and the environment, of air quality ...
organic hillside sweet corn x

Organic v conventional using GMOs: Which is the more sustainable farming?

Many consumers spend more for organic food to avoid genetically modified products in part because they believe that “industrial agriculture” ...
benjamin franklin x

Are most GMO safety studies funded by industry?

The assertion that biotech companies do the research and the government just signs off on it is false ...
favicon

Environmental Working Group: EWG challenges safety of GMOs, food pesticide residues

Known by some as the "Environmental Worrying Group," EWG lobbies for tighter GMO legislation and famously puts out annual "dirty dozen" list of fruits and ...
m hansen

Michael Hansen: Architect of Consumers Union ongoing anti-GMO campaign

Michael K. Hansen (born 1956) is thought by critics to be the prime mover behind the ongoing campaign against agricultural biotechnology at Consumer Reports. He is an ...
News on human & agricultural genetics and biotechnology delivered to your inbox.
Optional. Mail on special occasions.
Send this to a friend