U.S. could profit from GM wheat despite customer losses
If the manufacturer of wheat to the USA decided to develop biotechnology and Roundup Ready wheat, they can earn money, while the loss of major foreign customers, according to a study agro-economist at the University of North Dakota.
Thanks to the reduction of production costs, producers would be a competitive advantage in countries where consumers are not mean on biotechnology food to eat, according to economists. Consumers around the world benefit from the relocation. However, producers could lose, profitable markets in Europe, Japan and Korea.
Eric DeVuyst and colleagues NSDU’s Center for Agricultural and Trade Policy Studies has developed a prediction model forecasts of five different scenarios for the production and
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