Govt Report Sees Few Economic Benefits to GM

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Friday, 11 July 2003

Growing genetically modified crops on a commercial scale would be of little economic benefit to the UK, a government report has said.

The Strategy Unit study into the cost and benefits of growing GM crops said that although existing GM crops would offer some advantages to British farmers in terms of cost and convenience, there were few short-term benefits.

"Any economic argument is likely to be limited, at least in the short-term," Reuters quoted the report as saying.

"Only a narrow range of existing GM crops are currently suited to UK conditions, and weak consumer demand is likely to limit take-up," the report concluded.

Source: just-food.com