Nearly half the world’s 6.6 billion people depend on rice to survive and demand for the grain is expected to increase 50% by 2030. So far this year, average rice prices have more than doubled to $780 a tonne as exporting nations cut shipments to cool domestic inflation, traders speculate and countries such as Bangladesh, which have been hit by bad weather, increase demand. Encouraged by the high prices, farmers in the world’s two biggest exporters, Thailand and Vietnam, are working feverishly to plant more rice, which should help calm some of the global rush in coming months. While GM crops including cotton, a source of vegetable cooking oil, are grown widely in North America and parts of South America, some countries, particularly in Western Europe, remain sceptical about their safety. But Barry said attitudes were slowly shifting with even farmers in Germany, with its strong environmental lobby, growing a small amount of GM maize. “It’s clear that there is a change going on,” he said. In the Philippines, one of the world’s biggest importers of rice, approval for commercial production of GM varieties remains years away despite the government’s difficulty in sourcing enough of the grain to meet its annual requirement. “We have a tough regulatory process, because of the controversy,” said Leo Sebastian, executive director of the government-funded Philippine Rice Research Institute.“But there is a high acceptance of GM rice based on our surveys.” The Philippines was the first Asian country to commercialise GM corn and Sebastian said in the long-term GM technology would be one part of the solution, along with better farming investment and population control, to increasing production of rice. “It’s not the only answer. Even if we have the Golden Rice variety it will not solve all of our problems. Bit it will be one of our solutions.” via Indiatimes.
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