The Happy Story of GM Crops
March 11th, 2010 By Jim Goodman
Since the first commercial cultivation of Genetically Modified (GM) crops in 1996, Monsanto and the rest of the big six Biotech seed companies, (Pioneer/DuPont, Syngenta, Dow, BASF and Bayer) have become masters at the art of story telling. Farmers looking for the next big technology fix have loved their stories: the promise of better yields, less chemical need for weed control, higher profits and of course, a solution to the elusive goal of feeding the world.
Governments, seeing biotechnology as a huge economic engine, embraced the technology. University research was shifted almost exclusively to biotech crops. GM was the wave of the future, bankers encouraged planting GM crops to guarantee a “profitable harvest”. Crop insurance premiums were lower for farmers planting GM. Everyone bought the story. Read More