Profitable?
A survey was taken in 1998 on
farmers in Iowa comparing the profits on two different types of farms. The two
different types of farms were ones who used GMO seeds and others who used
non-GMO seeds. More than half of the
farmers (50%) who said GMO seeds said they showed an increase in yields because
of improved pest control. Also another
27% said they showed a decrease in pesticide cost. Farmers who used non-GMO seeds found out they
produced a slightly higher yield with soybeans than farmers who used GMO
soybeans. The biggest difference is in
seed cost. GMO seeds cost $26.42 per
acre and non-GMOs cost $18.89 per acre.
Even though GMO seeds cost more they produce more yields without the use
of more pesticides, which costs more.
This is very interesting to see because GMO seeds and non-GMO seeds
produce almost the same amount of money per acre, but foods that contain GMOs
are cheaper than organic food.
Duffy, Mike. "Does Planting GMO Seed Boost Farmers' Profits?" Leopold Center for Sustainable Agriculture.
Web. 13 Apr. 2012.
<http://www.leopold.iastate.edu/news/leopold-letter/1999/fall/does-planting-gmo-seed-boost-farmers-profits>.
BY: Kami
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