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GM Tomatoes Could Increase Net Income of Lebanese Farmers by USD 50,000 Within Five Years
Sunday, 2024/10/13 | 06:00:44
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A study conducted by researchers from New England Biolabs and Notre Dame University provided a comprehensive analysis of the economic feasibility and potential benefits of adopting genetically modified (GM) crops in Lebanon. The study provides a detailed cost-benefit model assessing the short-term and long-term financial impacts of selected GM crops.
They interviewed a total of 20 key stakeholders composed of 11 farmers from various regions in Lebanon and nine technical experts and agricultural scientists. Tomatoes, potatoes, cucumbers, apples, and maize, were considered to be potentially relevant for improving the income of small-scale farmers in Lebanon. Among the five main crops, a cost-benefit model was designed to assess the financial viability of introducing GM tomatoes in Lebanon.
The cost-benefit model shows that GM tomatoes have the potential to increase net income by USD 10,000 per hectare in the short term and by USD 50,000 within five years. The increase in income is primarily due to higher yields of 40 tons per hectare for GM tomatoes compared to 30 tons per hectare for non-GM tomatoes. The analysis also shows that the reduced pesticide cost from USD 1000 per hectare to USD 400 per hectare also contributed to the increase in income.
The authors suggested improving several key areas to ensure optimal implementation and sustainability of GM crops in the country. One of the recommendations was to provide subsidies and financial support for small- and medium-scale farmers. The authors also suggest infrastructure development and comprehensive education and training programs for farmers, agricultural technicians, and extension workers. More importantly, the study highlighted the need for a robust policy and regulatory framework for the successful integration of GM crops in Lebanon.
For more information, read the article from MDPI
https://www.isaaa.org/kc/cropbiotechupdate/article/default.asp?ID=21022 |
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