Costs and Benefits of Growing GMO Seed Depending on the perspective, costs and profit of cultivation and/or use of genetically modified organisms can vary greatly. Lowering the Price of Food Because they require fewer pesticides, land and water, GMOs help keep food production costs down resulting in lower prices for consumers. GMOs also reduce the amount of pesticides that need to be sprayed, while simultaneously increasing the amount of crops available to be eaten and sold. As consumers, we probably don’t perceive direct benefits to ourselves just by picking the product up off the shelf (this may change in the future if the nutritional properties of plants are enhanced). Global benefits for genetically modified crops have reached $150 billion since the crops were first planted, according to a report published by PG … GMOs, short for genetically modified organisms, are subject to a lot of controversy. The World Health Organization (WHO) considers that GMO-based food presents the same health risks as ‘classical’ food. Today, those who directly see the most benefits from GMOs are farmers and agricultural companies. According to the U.S. Department of Agriculture (USDA), GMO seeds are … This article sets forth a framework for evaluating the environmental costs and benefits associated with agricultural genetically modified organisms (GMOs), including impacts on plants, humans, animals, and the environment at large. Over the last 20 years, GMOs have reduced pesticide applications by 8.2% and helped increase crop yields by 22%. In most cases, farmers have to buy new seeds each crop year because of patent related problems with tangible costs. Much of the cost aspect, in particular with regard to health and the environment, is quite unpredictable.
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