"Brian Sandle" wrote in message
...
In sci.agriculture Jim Webster wrote:

"Brian Sandle" wrote in message
...

Linkname: AGNET AUGUST 27
URL: http://131.104.232.9/agnet/2002/8-20..._august_27.htm
Last Mod: Thu, 29 Aug 2002 11:38:17 GMT
size: 1169 lines


[...]
US FARMERS REAP HEAVY PENALTY FOR SOWING GM CROPS
August 27, 2002
New Zealand Herald
[...]
GM crops have, says
Hatchard, had a disastrous impact on United States farm economies.
[...]
All around, the US food industry has lost billions of dollars in
exports
since introducing GM crops.
US maize prices are at their lowest for 30 years - down from US$3
($6.43) to
$1.30 ($2.79) a bushel.
In 1996, before GM crops were introduced, US maize farmers made a
profit of
US$1.4 billion.
Last year, they lost US$12 billion. The US Government picked up a
third of
this through farm subsidies. Our Government could never afford to
protect
farmers this way.

note that UK farm profitability matches the US figures except we don't
have
GM

You have a related problem - another unnatural agricultural procedure that
was warned about: feeding meat to cattle, causing spread of BSE.

and that affects wheat prices exactly how?

BSE did impinge on beef prices

Jim Webster