Media Release
Biotechnology
Australian farmers growing GM crops gain $766 million
Wednesday 7 May 2014 (Canberra) – Significant economic and environmental benefits, and unparalleled improvement in farmer income have been realised from the widespread adoption of crop biotechnology, according to an international report released by PG Economics. “Australian GM cotton and canola farmers have realised farm income benefits of more than US $766 million over the 17 year period covered by the report,” said Matthew Cossey, CropLife Australia’s Chief Executive Officer. “Crop biotechnology has also contributed…