Is genetically engineered wheat a threat to the economy?
The independent and non-profit group, Organic Consumer Association, reports:
GM wheat is a mortal threat to the U.S. wheat market. It is estimated that the loss of markets for GM corn, soy and canola has reached over $300 million per year because the European Union will not purchase GM crops. The U.S. is the world’s leading wheat exporter. Many foreign companies have stated that they will not purchase GM wheat or any wheat if GM wheat is grown in the region. Korea is the fifth largest purchaser of U.S. wheat exports. The Korean Flour Mills Industrial Association has stated that they want GM-free certification of any hard red spring wheat they purchase. The price of spring wheat could drop by one-third if a GM variety is introduced commercially into Montana or North Dakota, according to agricultural economist Dr. Robert Wisner of Iowa State University. This will spell doom for North American wheat growers even if they decide to not plant GM wheat themselves.
GM crops are not required to go through any type of independent safety peer review to determine if they are safe for either human consumption or the environment.
Follow @nrchealth
Enjoy this Article? Get More in our Weekly Newsletter
Sign up to receive Weekly Health Tips + Special Product Offers - FREE!
PLUS, Get a Coupon for $5 OFF at our Online Store just for signing up!
Want to see some of our past newsletters before signing up? Click here.
Add Your Comment