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March 31, 2008

Report: GM Crops Will Benefit Economy

Posted by Paul, at 04:25 PM

Genetically-modified oilseed and wheat crops could provide significant benefits to the economy, a new report says.

The Australian Bureau of Agricultural and Resource Economics (ABARE) estimates an uptake of GM crops could add $912 million to the economy by 2018.

The Sydney Morning Herald: 'GM crops will benefit economy: ABARE'

The ABARE report summary is here.


Posted by Paul at March 31, 2008 04:25 PM

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Comments


What's up with this post?

Nobody cares about farmers, except for farmers.

Well, there's urban freaks who care about organic farmers, but those farmers grow shrunken, insect-pocked veggies that cost twice as much.

As it turns out, organic farming is a major force in the sudden rise in the cost of food.

Posted by: Schiller Thurkettle at April 1, 2008 10:44 AM

Now that Australia has become a socialist country we dont care about profits, its all about sharing - well thats what the unions leaders are saying

http://www.abc.net.au/news/stories/2008/03/31/2203170.htm?section=justin

Posted by: rog at April 1, 2008 11:38 AM

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