Day 3: New Study Highlights Benefits of Ag Biotech to Farmers’ Income and the Environment

According to a report released today by UK-based PG Economics at the BIO Convention farmers around the world are growing more crops in a more environmentally sustainable manner.

The use of biotech crops has contributed significantly to:

  • Removing 14.2 billion kg of carbon dioxide from the atmosphere — equal to removing nearly 6.3 million cars from the road for one year.
  • Providing substantial net economic benefits at the farm level amounting to $10.1 billion in 2007 and $44.1 billion for 1996 to 2007.

Terry Wanzek, a farmer from North Dakota, who spoke at the press conference stated, “Because of biotechnology, we’re able to feed more people with less farmland than ever before. Biotechnology enhances production efficiency and creates a more plentiful supply of safe, reliable and affordable food for a hungry world. In the years ahead, our capabilities will do nothing but improve.”

Read BIO’s press release on the report here.

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