RE: Monsanto gives up fight for GM plants in Europe
June 2, 2013 at 10:48 am
(This post was last modified: June 2, 2013 at 10:54 am by The Grand Nudger.)
Therein lies the rub. If the EU lags behind in ag biotech the situation is worsened. Their ag dollar is worth less and less as the gains in other biotech friendly places increase by volume. So they'll be growing less food, with fewer sources for "approved" imports - at a higher price due to inefficiency, waste, and availability. The situation could be reversed - but being a net importer means that you can't afford to sell your productivity - so countries that leverage biotech - even in this regard- will have the upper hand in being able to devote some productive land (and this precisely because of biotech advantages) to niche markets - like "approved" foods.
Think china, with it's factory organics. They feed themselves with GM, and then devote some of that now free land to pumping out overpriced luxury goods to credulous or captive consumers.
Think china, with it's factory organics. They feed themselves with GM, and then devote some of that now free land to pumping out overpriced luxury goods to credulous or captive consumers.
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