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Report: GM Crops Will Benefit Economy

March 31, 2008 By jennifer

Genetically-modified oilseed and wheat crops could provide significant benefits to the economy, a new report says.

The Australian Bureau of Agricultural and Resource Economics (ABARE) estimates an uptake of GM crops could add $912 million to the economy by 2018.

The Sydney Morning Herald: ‘GM crops will benefit economy: ABARE’

The ABARE report summary is here.

Filed Under: Uncategorized Tagged With: Food & Farming

Reader Interactions

Comments

  1. Schiller Thurkettle says

    April 1, 2008 at 10:44 am

    What’s up with this post?

    Nobody cares about farmers, except for farmers.

    Well, there’s urban freaks who care about organic farmers, but those farmers grow shrunken, insect-pocked veggies that cost twice as much.

    As it turns out, organic farming is a major force in the sudden rise in the cost of food.

  2. rog says

    April 1, 2008 at 11:38 am

    Now that Australia has become a socialist country we dont care about profits, its all about sharing – well thats what the unions leaders are saying

    http://www.abc.net.au/news/stories/2008/03/31/2203170.htm?section=justin

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Jennifer Marohasy Jennifer Marohasy BSc PhD is a critical thinker with expertise in the scientific method. Read more

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