[sphinx]

The yield boost from GM varieties varies from crop to crop and year to year, but over time, a 20%-plus yield gain is a probably low ballpark figure. In addition, despite the higher cost of seed, GM varieties reduce pesticide, energy, and irrigation costs. In a low margin commodity business, that is a strong inducement for farmers to use the technology.

That said, there will be niche for non-GM and/or organic producers as long as foodie cults perpetuate their luddite mythologies. Farmers will grow what their consumers want to buy, and if people are willing to pay the premium, fine. All the biotech companies also produce non-GM seeds as well, so in the end, the foodies will probably be eating Monsanto, Pioneer, Syngenta, Dow, etc. varieties anyhow. But don't tell them that, lest their heads explode.

[roofgoat]

“the foodies will probably be eating Monsanto, Pioneer, Syngenta, Dow, etc. varieties anyhow. But don’t tell them that, lest their heads explode.”

Not sure about that. I know there is a decent market for heirloom seeds. I’d rather use that than anything from Monsanto. Problem is, I can’t grow either with any success but that’s because I’m lousy at gardening. I

[aMorePerfectUnion]

I’m happy to pay for good quality food and freedom of choice.

You may have my share of GMO crops. Enjoy!