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Farm income and production impacts of using GM crop technology 1996–2016

This paper estimates the value of using genetically modified (GM) crop technology in agriculture at the farm level. It follows and updates earlier annual studies which examined impacts on yields, key variable costs of production, direct farm (gross) income and impacts on the production base of the f...

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Autores principales: Brookes, Graham, Barfoot, Peter
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Taylor & Francis 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6277065/
https://www.ncbi.nlm.nih.gov/pubmed/29889608
http://dx.doi.org/10.1080/21645698.2018.1464866
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author Brookes, Graham
Barfoot, Peter
author_facet Brookes, Graham
Barfoot, Peter
author_sort Brookes, Graham
collection PubMed
description This paper estimates the value of using genetically modified (GM) crop technology in agriculture at the farm level. It follows and updates earlier annual studies which examined impacts on yields, key variable costs of production, direct farm (gross) income and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialisation of GM crops has occurred at a rapid rate since the mid 1990s, with important changes in both the overall level of adoption and impact occurring in 2016. This annual updated analysis shows that there continues to be very significant net economic benefits at the farm level amounting to $18.2 billion in 2016 and $186.1 billion for the period 1996–2016 (in nominal terms). These gains have been divided 48% to farmers in developed countries and 52% to farmers in developing countries. About 65% of the gains have derived from yield and production gains with the remaining 35% coming from cost savings. The technology has also made important contributions to increasing global production levels of the four main crops, having, for example, added 213 million tonnes and 405 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid 1990s.
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spelling pubmed-62770652019-06-11 Farm income and production impacts of using GM crop technology 1996–2016 Brookes, Graham Barfoot, Peter GM Crops Food Research Paper This paper estimates the value of using genetically modified (GM) crop technology in agriculture at the farm level. It follows and updates earlier annual studies which examined impacts on yields, key variable costs of production, direct farm (gross) income and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialisation of GM crops has occurred at a rapid rate since the mid 1990s, with important changes in both the overall level of adoption and impact occurring in 2016. This annual updated analysis shows that there continues to be very significant net economic benefits at the farm level amounting to $18.2 billion in 2016 and $186.1 billion for the period 1996–2016 (in nominal terms). These gains have been divided 48% to farmers in developed countries and 52% to farmers in developing countries. About 65% of the gains have derived from yield and production gains with the remaining 35% coming from cost savings. The technology has also made important contributions to increasing global production levels of the four main crops, having, for example, added 213 million tonnes and 405 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid 1990s. Taylor & Francis 2018-06-11 /pmc/articles/PMC6277065/ /pubmed/29889608 http://dx.doi.org/10.1080/21645698.2018.1464866 Text en © 2018 Taylor & Francis http://creativecommons.org/licenses/by-nc-nd/4.0/ This is an Open Access article distributed under the terms of the Creative Commons Attribution-Non-Commercial License http://creativecommons.org/licenses/by-nc-nd/4.0/, which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited. The moral rights of the named author(s) have been asserted.
spellingShingle Research Paper
Brookes, Graham
Barfoot, Peter
Farm income and production impacts of using GM crop technology 1996–2016
title Farm income and production impacts of using GM crop technology 1996–2016
title_full Farm income and production impacts of using GM crop technology 1996–2016
title_fullStr Farm income and production impacts of using GM crop technology 1996–2016
title_full_unstemmed Farm income and production impacts of using GM crop technology 1996–2016
title_short Farm income and production impacts of using GM crop technology 1996–2016
title_sort farm income and production impacts of using gm crop technology 1996–2016
topic Research Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6277065/
https://www.ncbi.nlm.nih.gov/pubmed/29889608
http://dx.doi.org/10.1080/21645698.2018.1464866
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