Search PG Economics

Use the search below to search our website, if you can't find what you're looking for then contact us and we will do our best to help you.

 

 

New published research paper - Farm income and production impacts of using GM crop technology 1996–2016

Published on: 12th June 2018
Published By Graham Brookes



Graham Brookes & Peter Barfoot
Received 15 Feb 2018, Accepted 05 Apr 2018, Published online: 11 Jun 2018

GM Crops & Food - Biotechnology in Agriculture and the Food Chain

https://doi.org/10.1080/21645698.2018.1464866

ABSTRACT
This paper estimates the value of using genetically modified (GM) crop technology in agriculture at the farm level. It follows and updates earlier annual studies which examined impacts on yields, key variable costs of production, direct farm (gross) income and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialisation of GM crops has occurred at a rapid rate since the mid 1990s, with important changes in both the overall level of adoption and impact occurring in 2016. This annual updated analysis shows that there continues to be very significant net economic benefits at the farm level amounting to $18.2 billion in 2016 and $186.1 billion for the period 1996–2016 (in nominal terms). These gains have been divided 48% to farmers in developed countries and 52% to farmers in developing countries. About 65% of the gains have derived from yield and production gains with the remaining 35% coming from cost savings. The technology has also made important contributions to increasing global production levels of the four main crops, having, for example, added 213 million tonnes and 405 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid 1990s.

Download PDF

Graham Brookes: 12th Jun 2018 11:19:00

 

Uk Urged To ‘bring Back’ Sound Science As The Basis For Regulating Crop Genetic Innovations Post-brexit

‘UK plant genetics: a regulatory environment to maximise advantage to the UK economy post Brexit’ considers three future scenarios for the regulation of gene edited crops and genetically modified organisms (GMOs), ranging from maintaining current alignment with the EU through improved implementation of EU rules, to the UK setting its own regulatory path on both GMOs and NBTs.

New Published Research Paper - Environmental Impacts Of Genetically Modified (gm) Crop Use 1996–2016: Impacts On Pesticide Use And Carbon Emissions

New published research paper - Environmental impacts of genetically modified (GM) Crop use 1996–2016: Impacts on pesticide use and carbon emissions - GMO, active ingredient, biotech crops, carbon sequestration, environmental impact quotient, no tillage, pesticide

Biotech Crop Adoption Leads To Greater Sustainability And Socioeconomic Opportunities For Global Farmers And Citizens

The complementary studies – PG Economics’ “GM Crops: Global Socio-Economic and Environmental Impacts 1996-2016” and ISAAA’s “Global Status of Commercialized Biotech/GM Crops: 2017” – examine the continued widespread adoption of global crop biotechnology, and the significant positive socio-economic and environmental impacts of this adoption by farmers and communities around the globe.

New Published Research Paper - Farm Income And Production Impacts Of Using Gm Crop Technology 1996–2016

Farm income and production impacts of using GM crop technology 1996–2016