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The Issue Of Biotechnology Use With The Canola Crop

694 words - 3 pages

Canola is a crop that is being produced in Australia at higher rates each year with approximately 2 500 000 ton being produced in 2010. {1} Not only has the domestic market grown significantly but the Australian canola industry has become the second largest exporter of canola in the world exporting and providing other countries with 15%-20% of the world’s total canola trade.{1} The canola enterprise growth is greatly contributed to the use of biotechnology in the industry. People within the canola industry and the consumers of canola products have numerous opinions on the economic, ethical and environment sides of this issue. Developers/distributors such Monsanto and many Australian farmers ...view middle of the document...

{3} This makes modifying canola an important task as it is helping the plant to adjust to Australian conditions whilst improving its value to our health. Companies such as Monsanto and Bayer Crop Science are main producers of modified crop with Monsanto’s’ the mission statement “Monsanto is an agricultural company. We help farmers grow yield sustainably so they can be successful, produce healthier foods, better animal feeds and more fibre, while also reducing agriculture's impact on our environment.”{4} The mission statement of Monsanto captures impeccably what majority of the population wishes from modified canola yet it is not however what all consumers believe.

Canola is a major contributor to the Australian economy. Contributing over $839.8 million to the Australian economy, canola is the main source of hundreds of people’s main source of income and employment. {5} Canola is one of Australia’s most important crops economically- without canola our economy would suffer and hundreds of people would be left unemployed. Canola is also helping to improve Australia’s international relations. The Netherlands, Belgium,...

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