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February, 2003
The first analysis of the potential economic
benefit of commercial production of a GM herbcide tolerant
(GMHT) crop in the UK has been published by
Broom's Barn Research Station (the
national centre for sugar beet research) in Suffolk. The study
specifically concerns sugar beet and the key finding is that
overall savings, net of technology fee included in the seed
price, would be £150 / ha / year, or £23m per year if GMHT crops
were grown exclusively. A major part of this saving is the 80%
reduction in expenditure on herbicides. The paper has been
published in the peer reviewed scientific journal,
Annals of
Applied Biology 142, 41-48.
Commenting on the findings,
Mike May, Senior
Liaison Officer at Broom's Barn said: "Research results reported
earlier this year showed that management of GMHT sugar beet had
the potential to provide environmental benefit. This economic
analysis now quantifies the potential financial benefits of
growing GMHT beet and thus the positive impact on industry
competitiveness and affordability of agri-environment measures.
Broadly similar cost savings could also be realised in much of
Europe. The potential saving that GM herbicide tolerant (GMHT)
sugar beet provides could be critical to the future
competitiveness of the UK sugar beet industry.
The current EU regime ends in 2006 and it is expected that
the price for sugar beet will reduce. Sugar beet is a major
spring sown break crop and if production declines as a
consequence of reduced profitability, this could intensify
winter cropping in the UK with possible environmental
consequences and less scope for integrated crop management
practices.
The reduced cost of beet production if GMHT were adopted
could be critical to the establishment and economic viability of
an ethanol based biofuel induestry in the UK, boosting the rural
economy and helping the UK to meet its EU and Kyoto Protocol
greenhouse gas emission commitments."
A study of the potential economic
benefit of commercial production of a GM herbicide tolerant
(GMHT)
crop in the UK suggests that it could save the industry £23 M
per year, if the crop was grown
exclusively. The study conducted by Mike May,
Broom's Barn Research Station in UK estimates that
overall savings, net of technology fee included in the seed
price, would be £150 per hectare per year.
A major part of this saving is the 80% reduction in expenditure
on herbicides.
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