The world’s farmers have increased their use of genetically modified crops steadily and sharply since the technology became broadly commercialized in 1996. Not anymore.
In 2015, for the first time, the acreage used for the crops declined, according to a nonprofit that tracks the plantings of biotech seeds.
The organization said the main cause for the decline, which measured 1 percent from 2014 levels, was low commodity prices, which led farmers to plant less corn, soybeans and canola of all types, both genetically engineered and nonengineered.
But the figures for the last few years show that the existing market for the crops has nearly been saturated. Read Full Article »