Economic Advantages of GM Foods

Greater Profits, Lower Cost Input because of:
* Resistance to pests or weeds with a lower need for pesticides or herbicides
* Improved characteristics of the plant such as being more nutritious, less sensitive to transport or storage
* Less labour and application of machinery in agriculture
* Enlarged areas cultivated with plants adapted to extreme conditions, floods or droughts.
* The higher cost for seeds and licences are offset by higher yields.
* improved yields with lower need of expensive pesticides
* lower crop losses due to pests and weeds
* less labour and machinery
* plants which are adapted to extreme conditions, floods or droughts.
* Bioremediation is the use of bacteria to clean up contaminated land. Micro-organisms and plants can be modified to enhance their capacity to, for example, absorb heavy metals or radioactive elements and leave the soil safe. Reducing the need to clean up contaminated lands which can be very difficult and costly.