Farmers Were Guaranteed Greater Profits If They Grew Transgenic Crops

In 1996 Monsanto introduced commercially a genetically modified cotton with in-seed insect-protection against the cotton bollworm. In 1997 Monsanto introduced commercially a genetically engineered corn which had in-built protection from the European corn borer. Also, that year, a new genetically modified cotton variety which had both bollworm resistance and glyphosate tolerant properties.

Farmers were promised higher yields and lower costs and thus more profit if they grew these transgenic crops. Have the biotech companies been able to deliver on these promises.

India.

According to Andrew Malone writing in the Daily Mail, it is proven what Prince Charles said about thousands of farmers in the Maharashtra state, India, committing suicide after running up large debts due to the crop failure of genetically modified pest proof varieties of cotton. The farmers were promised