Agris on-line Papers in Economics and Informatics

Faculty of Economics and Management CULS Prague, Kamýcká 129, 165 00 Praha - Suchdol

The international peer-reviewed scientific journal, ISSN 1804-1930


The Role of Transgenic Crops in the Future of Global Food and Feed

H. Řezbová, O. Škubna

Agris on-line Papers in Economics and Informatics, No 2 /2012, June

Abstract

The paper is aimed on the problematic of biotech crops planting (GM, transgenic crops). The main aim of this paper is to analyze the trends in the main biotech crops planting groups in the sense of their use for food and feed in the future. The selected groups of biotech crops analyzed in this article are soybeans, maize (corn), cotton and rapeseed (canola). The used methods are chain and basic indexes and regression analysis of times series/ trend data - for predicting on next four years (2012-2015). The trends are able to determine the necessity of implementation the biotech crops planting into the agricultural systems everywhere (also in EU) and it is without the questions if the impact are mainly positive or negative. The dependence of world agricultural commodity market on the biotech crops is undeniable and the prediction acknowledges that the importance is increasing. Pieces of knowledge introduced in this paper resulted from solution of an institutional research intention MSM 6046070906 „Economics of resources of Czech agriculture and their efficient use in frame of multifunctional agri-food systems“.

Keywords

Transgenic crops, biotech crops, GMO, trends, production, food, feed.

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ISSN 1804-1930
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