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Showing posts with label rice farmers. Show all posts
Showing posts with label rice farmers. Show all posts

Monday, August 12, 2013

Philippines Protesters Trample, Uproot GM Golden Rice Trial

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Heather Callaghan

A new genetically modified crop of 'Golden rice' was weeks away from harvest in the Philippines. It was reportedly going to be submitted to authorities for evaluation. This was an important milestone as other countries like Bangladesh, India, and Indonesia were considering going for the crops in Philippines' wake.

Growing GM rice with vitamin A to help the blind is one of the biggest philanthropic harbingers for GM crops. Extra genes are inserted to better produce beta-carotene. As discussed in yesterday's Top 5 GMO Myths Debunked, there are a number of ways to address vision problems of the poor without resorting to forever changing plant ecology.

BBC author Matt McGrath reports that the project to develop this golden rice was in the works 20 years ago with funding from the Rockefeller Foundation to German researchers.

Helen Keller International claims that 670,000 can die from vitamin A deficiency caused disease each year and 350,000 will go blind. But, if growing these crops to help with poor people's vision is such a grand idea, why are they being rejected, oftentimes by those very people?

Some 400 Philippines farming protesters had other things in mind for the trial.

Thursday, December 2, 2010

Rice May Triple in 18 Months as Supplies Tighten, Duxton's Peter Forecasts

Chanyaporn Chanjaroen
Bloomberg

Rice, the staple food of more than three billion people, may as much as triple in 18 months as flooding in exporters including Thailand tightens supplies and demand climbs, according to Duxton Asset Management Pte.

“Rice will blow out the stocks,” said Ed Peter, chief executive officer, who co-founded the company last year with Managing Director Desmond Sheehy. Both worked at Deutsche Asset Management and the Deutsche Bank AG unit owns 19.9 percent of Duxton, while Peter, Sheehy and staff own the rest. Duxton, based in Singapore, invests in farmland, Asian stocks and wine.

Peter’s forecast, in an interview on Nov. 29, would put rice at more than the peak during the 2008 food crisis, which triggered social unrest in poorer states. Wheat and corn also surged that year, while record oil prices boosted fertilizer costs. Kiattisak Kanlayasirivat at Novel Commodities SA, which trades rice, said farmers can replant quickly as floods recede.

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RELATED ARTICLE:
Banksters Inflate Speculative Food Bubble


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