The benefits of biotechnology are real and compelling, demonstrated by the fact that farmers worldwide are adopting the technology at a rapid rate.
Biotech crops are delivering farm-level benefits, making farmers more productive and profitable as well as having significant, positive impacts on the global environment.
A new, peer-reviewed study by UK based economists Graham Brookes and Peter Barfoot quantifies the cumulative economic and environmental impacts of biotech crops grown during the past 11 years (1996 – 2006).
Key findings of the report were:
Since 1996, farmers have reduced the use of pesticides in biotech crops by 286 million kilograms; a reduction of 8%
Biotech crops have made a significant contribution to reducing greenhouse gas emissions from agricultural practices; 14.8 million kg of carbon dioxide since 1996. This is the equivalent of removing almost 7 million cars from the road for one year
Farmers adopting biotechnology earned higher incomes in every country where biotech crops are grown
Higher productivity with biotech crops resulted in additional volumes of soybeans, corn, cotton and canola