Genetically modified (GM) crops have now been grown commercially on a substantial scale for ten years. This paper assesses the impact this technology is having on global agriculture from both economic and environmental perspectives. It examines specific global economic impacts on farm income and...

A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects and...