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GM crop bans harm farm returns
7 Apr 2005
The Rural Industries Research and Development Corporation argue in a report authored by two University of Adelaide researchers that Australia risked becoming a niche supplier, analogous to that of organic produce today, if it persisted with limits on genetically modified crops. Australia grows two genetically modified crops at present, cotton and carnations, although approvals have been given for GM canola. Most state governments have a moratorium on commercial GM crop plantings because of concerns it may risk Australia's markets for non-GM crops in other markets. The report argued that Australian farmers would be better off if GM crops were adopted, and the European Union dropped its effective ban on the technology.
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