Dec. 29th, 2005

[identity profile] ikkeikke.livejournal.com
Who needs to investigate claims when you can just report them? Nonetheless, this actually does mention that it's not all love and puppies.

Biotech crops mark first decade with wins, losses
By Carey Gillam
29 December 2005

KANSAS CITY, Mo., Dec 29 (Reuters) - When Monsanto Co . introduced the world to genetically modified crops a decade ago, the biotech advancement was heralded as the dawn of a new era that could reduce world hunger, help the environment and bolster struggling farmers.

Now, biotech beans, cotton, corn and canola are profit-drivers at Monsanto and are lifting the fortunes of rival companies like Swiss-based Syngenta and Dow AgroSciences LLC, a unit of Dow Chemical Co. . The gains are largely due to broad U.S. acceptance of crops that have been genetically altered to withstand weedkillers and insects, and backers say, generate higher yields.

But as the industry celebrates its 10th anniversary, the early promises of biotech crops remain largely unrealized, and many countries have banned the technology amid concerns about potential danger for human health and the environment. Read more... )

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