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June 10th, 2016 / Genetic Literacy Project, US

thumb.aspxGlobal benefits for genetically modified crops have reached $150 billion since the crops were first planted, according to a report published by PG Economics LTD. The report comes on the heels of the National Academies of Sciences, Engineering and Medicine (NASEM) which also noted that genetically modified crops offered substantial economic and environmental benefits. This latest report finds that the majority of the economic benefits for farmers from GM crops were derived from higher yields and extra production, with countries in the developing world seeing the most benefits. The report’s findings are not limited to economics—it also finds substantial environmental benefits from using genetically engineered crops. Read more