GMs to boost land values, claims biotech industry

Fwi

GMs to boost land values, claims biotech industry"


Play all audios:

Loading...

- 10 June 1999 https://www.fwi.co.uk More in News GMs to boost land values, claims biotech industry - 10 June 1999 >More in News

10 June 1999GMs to boost land values, claims biotech


industry


By FWi staff


THE biotechnology industry has disputed claims that genetically modified (GM) crops reduce land values, maintaining instead that land prices will actually rise.


A survey by the Royal Institute of Surveyors released this morning found that 64% of its rural members believe growing GM crops will make their land harder to sell.


Nearly 58% thought growing GM crops would adversely affect land values, while 43% thought it would impact on the value of neighbouring land.


But the findings of the survey were this afternoon disputed by the pro-GM Supply Chain Initiative on Modified Agricultural Crops (SCIMAC).


SCIMAC is a group of industry organisations representing the biotechnology companies behind GM crops, farmers the seed trade and plant breeders.


A statement from SCIMAC said the organisation saw no basis for the suggestion that growing GM crops could have a negative impact on land values.


GM crops have been widely grown in the USA and Canada for the past three years and have not prompted a reduction in land prices, said the statement.


On the contrary, there is every reason to indicate that the agronomic benefits on offer from GM crops argue in favour of increasing the sustainable productive capacity of farmland and


raising, not lowering, land values.


SCIMAC said land values were likely to rise on land where GM crops are grown because of reduced tillage cultivation, fewer herbicides and improved weed control.


See more News Share this


Trending News

6 lapd officers get a pleasant surprise

In a surprise ceremony, six San Fernando Valley LAPD officers were honored Tuesday by the Latin American Civic Assn. in ...

[withdrawn] south east water limited: application made to abstract (take) water

Notice SOUTH EAST WATER LIMITED: APPLICATION MADE TO ABSTRACT (TAKE) WATER The Environment Agency has received an applic...

Seoul: An Urban oasis at South Korea's heart

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may inc...

Geri halliwell says she looked 'like a drag queen' during her spice girls days

The Spice Girls will forever be one of the greatest girl groups of all time. Like The Supremes, TLC, or Destiny’s Child,...

Harvey Nichols Beauty Bazaar to close Liverpool ONE store - Liverpool Echo

Harvey Nichols Beauty Bazaar to close Liverpool ONE storeStaff at the Beauty Bazaar may be at risk of redundancyComments...

Latests News

GMs to boost land values, claims biotech industry

- 10 June 1999 https://www.fwi.co.uk More in News GMs to boost land values, claims biotech industry - 10 June 1999 >More...

UPDATE 1-Supersonic skydive delayed due to winds over New Mexico

Oct 9 (Reuters) - Plans for an Austrian daredevil to skydivefrom a balloon 23 miles (37 km) over the New Mexico desert w...

Wash Post Quotes Bogus Tea Party Leader

Looking for further evidence that the Washington Post has lost its edge covering politics? Try clicking on this story.Th...

Interactions between bacterial and phage communities in natural environments

ABSTRACT We commonly acknowledge that bacterial viruses (phages) shape the composition and evolution of bacterial commun...

To have and have not (kcet saturday...

To Have and Have Not (KCET Saturday at 9 p.m.) Fishing and running refugees with the inimitable Harry (Bogey) Morgan. Th...

Top