Case IH Power Tab

Farm Futures
   Search Site:   Friday, May 25, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Biotechnology Continues to Play Significant Role in Reshaping World Agriculture

New report states that despite some consumer concern, the biotechnology trend is likely to continue as it leads to productivity gains for farmers.
Compiled by staff 
Published: Jun 20, 2006

Biotechnology is among key forces reshaping world agriculture, enabling increased crop yields and productivity despite limited available land, and leading to better quality and lower priced food products for consumers.

That's according to a new report from North Dakota State University, "Forces Reshaping World Agriculture," authored by Jeremy Mattson and Won Koo of NDSU's Center for Agricultural Policy and Trade Studies.

The authors point out that growth of agriculture in the United States is dependent on productivity increases. Since there is little land available for expansion of agricultural production in the U.S., growth in production will require increased yields. Export competitiveness is also dependent on relative productivity growth against major competitors.

Future productivity growth will be influenced by current and future research, especially public research. "New developments that could lead to further productivity increases include improved technologies for nutrient, soil, water, and pest management; precision agriculture; and agricultural biotechnology," the report says. "The emergence of biotechnology could especially have a significant impact on productivity worldwide."

Farmers benefit from the use of GM crops through increased weed and insect control, which could lead to increased yields and decreased pesticide costs. Mattson and Koo report that despite some consumer concern, the biotechnology trend is likely to continue as it leads to productivity gains for farmers. "The introduction of GM wheat has been delayed, largely due to concern that consumers in export markets will not accept it, but it could eventually be adopted," they write.

While current biotech crops have been developed mainly to improve agricultural production, future biotech crops could be introduced that have qualities such as increased nutritional content or other characteristics that would benefit consumers. "Consumer response to the further adoption of biotech crops is uncertain, but it may become more favorable as these crops are developed with more obvious benefits for consumers." Developing countries could benefit the most from biotechnology through productivity gains and improved nutritional content of crops such as golden rice.

Mattson and Koo point out that while technological advances appear to initially benefit producers by leading to higher yields, lower costs, and increased productivity, consumers ultimately benefit from lower real food prices.

The entire NDSU report can be found as a PDF online at agecon.lib.umn.edu/cgi-bin/detailview.pl?paperid=21789.



Permalink: Click here

Tagged: wheat, pesticide, crop yields, precision agriculture

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
Satellite Imagery Shows the Good and the Bad
Read this storyMany crop areas are doing better than normal, but a few problem areas are beginning to show up as well including the winter wheat crop.
Read this story

Settlement Offered in Atrazine Herbicide Case
Read this storySyngenta reaches a deal with several community waters systems, to end a lawsuit against atrazine; product to remain available to the U.S. market.
Read this story

Farm Bill Heads for Senate Floor
Read this storyCleared by the Senate Ag Committee in April, the farm bill is now ready for debate on the floor.
Read this story

 
Farm Bill Heads for Senate Floor
The Buzz: Grain Market Chaos Continues
Settlement Offered in Atrazine Herbicide Case
Afternoon Recap by Arlan Suderman
Satellite Imagery Shows the Good and the Bad
Meat Exports Holding Steady
Morning Call by Bryce Knorr
MF Global Friday: Exec Pay Surprise
Weak Corn Exports Undermine Farm Futures Prices
Livestock Call By John Otte
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com