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PG Economics Limited is a specialist provider of advisory and consultancy services to agriculture and other natural resource-based industries. Our specific areas of specialisation are plant biotechnology, agricultural production systems, agricultural markets and policy.

The Company's two directors are Peter Barfoot and Graham Brookes who formed PG Economics in 1999. Both have worked at senior positions in agricultural consultancy and technology businesses.

2008:

Global impact of biotech crops: socio-economic and environmental effects 1996-2006 - press release, full report and peer reviewed paper - AgBioForum 11(1):21-28 2008.

PG Economics welcomes new ISAAA brief: Global status of commercialised biotech crops 2007 (PDF)

2007:

Global impact of Biotech crops: economic & environmental effects in the first ten years of commercial use (PDF Slide Presentation)

Economic impact assessment of the way in which the EU novel foods regulatory
approval procedures affect the EU food sector (PDF)

Bt maize crops delivering health, wealth and environmental benefits in Europe

Global impact of biotech crops: socio-economic and environmental effects in the first ten years of commercial use

The potential role of GM cost reducing technology in helping the Slovak arable cropping sector remain competitive (PDF)

Bt maize crops delivering health, wealth and environmental benefits in Europe (press release)

European arable crop profit margins 2006-2007 (press release)

Global Impact of Biotech Crops: Socio-Economic and Environmental Effects in the First Ten Years of Commercial Use, AgBioForum Volume 9 // Number 3 // 2007

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 environmental impacts of the technology with respect to pesticide usage and greenhouse gas emissions for each of the countries where GM crops have been grown since 1996.

  • The analysis shows that there have been substantial net economic benefits at the farm level amounting to $5 billion in 2005 and $27 billion for the ten year period.
  • The technology has reduced pesticide spraying by 224 million kg (equivalent to about 40% of the annual volume of pesticide active ingredient applied to arable crops in the European Union) and as a result, decreased the environmental impact associated with pesticide use by more than 15%
  • GM technology has also significantly reduced the release of greenhouse gas emissions from agriculture, which, in 2005, was equivalent to removing 4 million cars from the roads.

    Key words: Yield, cost, income, environmental impact quotient, carbon sequestration, GM crops.

GM Crops: The First Ten Years - Global Socio-Economic and Environmental Impacts

ISAAA Briefs 36-2006

This study presents the findings of research into the global socio-economic and environmental impact of GM crops in the ten years since they were first commercially planted on a significant area. It focuses on the farm level economic effects, the environmental impact resulting from changes in the use of insecticides and herbicides, and the contribution towards reducing greenhouse gas (GHG) emissions.

Download PDF (343KB) | Download ZIP (280KB)

Staying competitive in the global and European maize markets (PDF)

2006:

2005:

Other papers:

Details on recent projects and publications are presented on the website.  In addition PG Economics has provided back ground information, reports and links on a number of current issues in relation to GM crops:

What PG Economics can do to assist you
We can undertake ad hoc consultancy projects, on-going management consultancy and intelligence gathering. Please contact either Peter Barfoot or Graham Brookes to discuss your requirements and we will endeavour to put forward a proposal to define our methodology and expected outcomes.

We can be contacted by email, telephone or fax:

Tel: +44 (0)1300 321501 (P Barfoot)         +44 (0)1531 650123 (G Brookes) Fax: +44 (0)1531 650099
E-mail: peter.barfoot@bioportfolio.com  or graham.brookes@btinternet.com

 

 

Co-existence of Genetically Modified (GM) and non-GM Maize

DEFRA consultation on proposals for the management of genetically modified (GM), conventional and organic crops

The Global GM Market - implications for the European food chain - German - French language

Co-existence in North American agriculture: can GM crops be grown with conventional and organic crops?

PG Economics comments on the Greenpeace paper ‘GM and dairy cow feed: steps to a GM-free future for the UK dairy industry’

Comments on GM Foods: evaluating the Farm Scale Trials: report of the Environmental Audit Committee of 2 March 2004
 

GM and non GM arable crops can co-exist in the EU without problems
 

 

 

 


Independent and objective consultants servicing the agricultural, agricultural supply trade, rural and food industries.


©PG Economics Limited 2004-2008
Registered Office: Stafford House, 10 Prince of Wales Road, Dorchester, Dorset, DT1 1PW, UK
Tel: +44 (0)1300 321501 (P Barfoot) +44 (0)1531 650123 (G Brookes) Fax: +44 (0)1531 650099

www.pgeconomics.co.uk

Disclaimer: A number of different sources of information were used in compiling PG Economics reports and website files. Our reports and files contain some forecasts and estimates. It therefore remains possible that the reports and web files contain inaccuracies. PG Economics and its Directors do not accept any liability arising from any such errors or omissions and shall not be liable for any loss or damage suffered as a result of any information given in its publications and website.