A recent analysis on the impact of genetically modified (GM) crops suggest that those in farm contracting who grow GM produce are saving their business in excess of £2.9 billion over a 14 year period.
Farm contractors growing GM crops additionally benefit the environment by substantially reducing greenhouse gas omissions. Furthermore, grain varieties which have been modified to be pest-resistant have reduced pesticide spraying by 393 million kilograms.
The report ‘Global Biotech Crop Impact’ states that farm contractors in both developed and developing countries are seeing significant financial gain by choosing GM crops. The main advantages for agricultural contracting teams include increased yields coupled with reduced energy costs, thereby decreasing the wear and tear on machinery.
Based on these appealing figures it may not be surprising to hear that the contracting of GM crops reached a record 1 billion hectares in 2010. Of the 29 countries now farming these crops 10 are developed countries, 8 in the European Union.
However, it is not all positive news. The report states that in GM regions growing herbicide tolerant crops farm contractors are reporting the resistance of crops to weeds, in particular glyphosate.
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