Introduction of genetically modified (GM) wheat would drastically drop the price of wheat for farmers in the United States, according A Review of the Potential Market Impacts of Commercializing GM Wheat in the U.S. The report concludes that wheat buyers in Europe, Japan, and other Asian countries are likely to switch to GM-free wheat from other countries if GM wheat is introduced in this country. As a result, the price of U.S. hard red spring wheat would fall 40%, and the price of durum wheat would drop 57%.
A Review of the Potential Impacts of Commercializing GM Wheat in the U.S.
