What future is there for GM crops? Nobody in Europe, Asia, Africa or Latin America wants to eat them. Few farmers want to grow them. Retailers are guaranteeing their products to be GM-free. No investor wants to invest in them. They may still have powerful political support, but the market is unlikely to change its verdict.
"Perhaps the biggest issue raised by these results is how to explain the rapid adoption of genetically engineered crops when farm financial impacts appear to be mixed or even negative." From 'The Adoption of Bio-engineered Crops' a US Department of Agriculture Report, May 2002.
"If anyone tells you that GM is going to feed the world, tell them that it is not. To feed the world takes political and financial will." - Steve Smith, Director of biotech corporation Novartis (now Syngenta), in 2002.
"When you inject a supply-driven concept into a demand-driven market, it's a recipe for failure." - Ron Olson, vice president of General Mills.
Lords of the Harvest
