GreenGuy
7th February 2014, 07:17
Farmers Abandoning GMOs - And The Reason Will Surprise You (http://www.wakingtimes.com/2014/02/03/farmers-abandoning-gmo-seeds-reason-will-surprise/)
The Modern Farmer article, called The Post GMO-Economy, makes an excellent case for farmers dumping GMO. Some of the interesting facts the magazine uncovered include:
The cost of growing one acre of non-GMO corn was $680.95, the cost of growing an acre of GMO corn was $761.80 according to Aaron Bloom. That means it costs $80.85 more an acre to raise GMO corn.
GMO seeds can cost up to $150 a bag more than regular seeds.
The market for non-GMO foods has grown from $1.3 billion in 2011 to $3.1 billion in 2013, partially because some Asian and European countries don’t want GMO seeds.
Grain dealer Clarkson Grain pays farmers an extra $2 a bushel for non-GMO soybeans and an additional $1 a bushel for non-GMO corn.
The market for non-GMO seed is growing. Sales at Spectrum Seed Solutions, which sells non-GMO seed, have doubled every year for the last four years. Sales at another company that markets non-GMO seeds, eMerge Genetics of West Des Moines, Iowa, have increased by 30 percent a year for five years.
Spectrum Seed Solutions president Scott Odle thinks that non-GMO corn could be 20 percent of the market in five years.
Bloom, the farm consultant, said planting convention corn can save farmers an average of $81 per acre per season. That’s a difference of $81,000 for a farm of 1,000 acres.
It looks like the past might be the future for farmers as more and more growers abandon GMO. The free market could very well spell the end of GMO seeds.
The Modern Farmer article, called The Post GMO-Economy, makes an excellent case for farmers dumping GMO. Some of the interesting facts the magazine uncovered include:
The cost of growing one acre of non-GMO corn was $680.95, the cost of growing an acre of GMO corn was $761.80 according to Aaron Bloom. That means it costs $80.85 more an acre to raise GMO corn.
GMO seeds can cost up to $150 a bag more than regular seeds.
The market for non-GMO foods has grown from $1.3 billion in 2011 to $3.1 billion in 2013, partially because some Asian and European countries don’t want GMO seeds.
Grain dealer Clarkson Grain pays farmers an extra $2 a bushel for non-GMO soybeans and an additional $1 a bushel for non-GMO corn.
The market for non-GMO seed is growing. Sales at Spectrum Seed Solutions, which sells non-GMO seed, have doubled every year for the last four years. Sales at another company that markets non-GMO seeds, eMerge Genetics of West Des Moines, Iowa, have increased by 30 percent a year for five years.
Spectrum Seed Solutions president Scott Odle thinks that non-GMO corn could be 20 percent of the market in five years.
Bloom, the farm consultant, said planting convention corn can save farmers an average of $81 per acre per season. That’s a difference of $81,000 for a farm of 1,000 acres.
It looks like the past might be the future for farmers as more and more growers abandon GMO. The free market could very well spell the end of GMO seeds.