No more GMO: Monsanto drops bid to approve new crops in Europe

[proverbialwisdom]

71. Financial Times says Europe right to doubt GM crops.

http://gmwatch.org/index.php?option=com_content&view=article&id=14987:finanacial-times-says-europe-right-to-doubt-gm-crops

Financial Times says Europe right to doubt GM crops
Wednesday, 24 July 2013 21:44

One of the world's leading business news and information publications says Europe is right to be cautious about GM crops.

NOTE: The Financial Times concludes Europe is right to be cautious over GM crops even though the FT assumes that by doing so Europe may be missing out on short-term yield gains but, in fact, research shows GM farming as practiced in the US is being left behind by the mostly non-GM farming practiced in Europe: http://www.gmwatch.org/index.php?option=com_content&view=article&id=14929

http://www.ft.com/cms/s/0/73b3c1dc-f08d-11e2-929c-00144feabdc0.html

Seeds of doubt
Financial Times (editorial), July 21 2013

Europe is right to be cautious over GM crops

Monsanto, the US agricultural group, has abandoned its decade-long bid for permission to grow a range of genetically modified crops on European soil. The move comes shortly after Owen Paterson, the UK environment minister, warned that Europe was missing out on one of the most important agricultural advances since the 18th century. That conclusion is premature.

GM crops are rare in Europe but widely grown elsewhere; modified varieties account for about 90 per cent of all corn, cotton and soybeans planted in the US. Most have been engineered to resist harmful insects and to withstand glyphosate, a type of weedkiller. This enables farmers to achieve high yields without employing costly practices such as frequent ploughing and crop rotation.

However, these may prove to be transient gains. Insects are evolving new ways of overcoming the crops’ artificial defences. As GM crops have become more popular, so has the weedkiller they are designed to tolerate, leading to the emergence of resistant weeds. This has forced some farmers to fall back on old methods they thought they were avoiding when they bought expensive GM seed. Even growers of conventional crops may no longer be able to rely on a chemical that has been in use since the 1970s.

The biotechnology industry is fighting back with more advanced crop strains, some of which can be concurrently treated with multiple weedkillers. That, it is argued, will make natural resistance less likely to emerge. But many experts are sceptical. Monsanto used to argue that its original GM crop was unlikely to encourage weedkiller resistance, until the weeds proved it wrong. Scientists risk getting into an arms race against nature, for which farmers will be forced to pay without receiving any long-term benefit in return.

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