GENETICALLY MODIFIED NATURAL COTTON SUPERSEDES
Swiss Agriculture Organization announced that maybe half of the cotton crop is genetically modified cotton.
More than half of the world#39;s cotton may be grown from genetically modified crops in the next two years, as farmers in India and Brazil are actively developing the technology with which they can increase profits and productivity, said the group Rabobank.
By 2006-07. the use of plant varieties with modified genes may increase to 50% from the current 35%, curled representatives of the Dutch Rabobank (Utrecht). Scientists have developed a cotton that is resistant to worms and other parasites, why culture requires fewer pesticides. Using fewer chemicals reduces the cost and increases profits.
Prices on the New York Mercantile Exchange, the world#39;s largest cotton futures market fell by 40% last year after a heavy crop in the United States and China. The appetites of the global production could increase by 2.5 million tonnes by the end of the year (July 31), said U.S. Department of Agriculture, according to fibre2fashion.
