Good news for U.S. economy: ag biotech contributes to U.S. job creation and growth

Approval of GM Papaya supports U.S. economic growth

papayaJapan’s decision to approve genetically modified (GM) papaya produced by Hawaiian farmers will create U.S. jobs and boost exports, the Associated Press reports.

USDA Under Secretary Michael Scuse said in a statement, “This announcement will ensure that Hawaii’s papaya producers help to drive our agricultural economy by expanding exports, creating jobs, and strengthening our nation’s competitiveness.” Read more.

Biotechnology advances needed to increase global cotton production

cotton3Global cotton production, which is expected to see slow growth the rest of this decade, could benefit from advances in biotechnology to increase yields, Delta Farm Press reports. 

Dr. Terry Townsend, executive director of the International Cotton Advisory Committee in Washington, said, “It is likely that over the next several decades, new advances in technologies could trigger another period (or two) of rapid growth in cotton yields.” Read more.

 

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