An example of a company in this industry is Monsanto, which is a world leading corporation in the production of genetic engineered seeds as well as the herbicide known as Roundup. Encyclopedia of World Environmental History: F-N. London: Routledge, 2004: 580-581. Committee on the Impact of Biotechnology on Farm-Level Economics and Sustainability. Teosinte (top) is the grass that eventually gave rise to maize (bottom). These industry controllers may be referred to as the bio-colonizing companies, which will possess a lot of decisive power in the world economy due to their control of genetic and agricultural resources. Digging further, I found a story in the science journal, Nature, that talks about the work done by a Mexico City-based organization, International Maize and Wheat Improvement Center (CIMMYT). In my region of the Midwest – America’s bread basket – scientists are warning of the rapid depletion of the very slowly recharging Ogallala Aquifer. The other argument against genetically modified foods arises out of the negative political, social and economic implications of the industry to modern society. DNA strands are cultured in a bacterium and inserted into the host plant’s nucleus using a virus. I have apologized to the company for my hasty mischaracterization of the commercial impact of Arcadia's drought-resistant soybean product. Potential loss of domestic markets due to uncertainties According to environmental scientist, R. J. Goldburg, scientists expect that the use of herbicides will triple due to GM agricultural products (Goldburg 647). Investor in climate change adaptation and mitigation businesses, taken from the aquifer. A maize-teosinte... [+] hybrid is shown in the middle. 18 March 2011. 18 March 2011. Other indicators of the environmental effects of GM products include the creation of super weeds and super pests; plant and animal invasions; destruction of forests; the death of beneficial insects and genetic pollution. The proponents of genetic engineering argue that the technology is beneficial to the environment since it presents a solution that prevents further depletion of the environment as the world population rises. There are concerns over the toxicity levels in the soil due to genetic engineered farming, leading to soil pollution and destruction of plant and animal life. The 1980 US Supreme Court pronouncement on the legal patentability of biological life in the Diamond vs. Chakrabartyn case opened the gateway to genetic engineering (Lex Orbis). "Patenting Microorganisms. " The collaboration of core organizations in the environmental sector should be established in order to forge a way that incorporates stringent environmental standards in the GM food industry. Krech, Shepard. This information convinced me that the conclusion I made above -- tying present market cap to the success of Arcadia's genetically engineered soybean seed -- may be overly hasty. I found Monsanto had marketed a drought-resistant corn product, but that this has not had great commercial uptake and its efficacy was questioned by a scientific study. genetic engineering used in GMOs], which target one gene at a time, have not been as quick to manipulate it. The control of the GM food production industry by large corporations amounts to bio-colonization, which by extension refers to the power that bio-technology controllers possess in the current and future market. There are concerns over the toxicity levels in the soil due to genetic engineered farming, leading to soil pollution and destruction of plant and animal life. Plant and animal invasions threaten the existing species and result to the imbalance of nature. Positive effects include increased food supply and control of overpopulation in fertile lands, but these benefits are overshadowed by the numerous reported and unreported harmful effects of genetic science in food production. There are a lot of concerns in the GM food industry, with some risks already identified while some remain to be discovered, hence there should be more emphasis on safe food production strategies rather than a technology filled with uncertainties (Krech 580). As such, the commercial impact of the product is still uncertain. Print. For this reason, supporters of this technology view it as the means to support the food requirements of the world as a whole while aintaining the status of the environment. Web. "Bt Cotton through the Back Door. " Allergenic reactions to GM foods are another area of concern to the consumer public. Web. The potential risks of GM foods extend to disease causality and bacterial infections. Indigenous farmers in the U. S. are currently self-sufficient in food production, but with the advancements in the GM food industry, more and more people will be dependent upon these industry controllers for food. Researchers from the University of Nebraska reported that the use of the GM soybeans may result in fatal allergies to individuals allergic to Brazilian nuts. Tolerance to herbicides. Genetically modified rice are rice strains that have been genetically modified (also called genetic engineering).Rice plants have been modified to increase micronutrients such as vitamin A, accelerate photosynthesis, tolerate herbicides, resist pests, increase grain size, generate nutrients, flavours or produce human proteins.. The GM crop industry advocates for this technology on the grounds that genetic engineered seeds and plants are helpful to the environment by decreasing the amount of chemicals used in farms. Unlike rainforests or tropical trees that support animal life such as fungi, insects and birds, GM trees are flowerless and sterile; hence they cannot support forest life in its entirety. Remember. © 2020 Forbes Media LLC. GM food production has the potential to support the growing need of food supplies in the present world, but its damaging effects to the environment cannot be ignored since they pose long-term risks, that impact on future generations. Figure 3. There is a place for the genetic modification of crops; for instance, altering the times of the day during which plant respiration occurs may be an important field of research and development in the future. The World Health Organization further maintains that all GM foods in the global market have been approved after passing the necessary risk assessment tests; hence they are not harmful to human health. The Oregon research also indicated that some of these microbes killed wheat plants when introduced into the soil. Print. In this regard, indigenous farmers as well as small economies do not achieve food security; rather they become more dependent on multinational companies. In fact, Arcadia has not yet received regulatory approval for the product, so has not been able to sell drought-tolerant soybeans in Argentina. Regarding implementation, most GMO plants produced and consumed in the US today are those that allow for resistance to a specific herbicide – Monsanto’s Roundup. Figure 4. Cambridge, MA: Da Capo Press, 2004: 36-38. The Environmental Protection Agency also expressed its concerns over the matter, but these microorganisms are still in operation.