Grocery Group: GMO Crops Cut Food Costs up to 30 Percent

Dec. 16, 2015

U.S. consumers save money because of the use of genetically engineered crops, according to a grocery trade organization’s survey. The Grocery Manufacturers Association estimates that foods containing such crops – especially corn, soybeans and sugar beets – save shoppers as much as 30 percent in the checkout line.

The U.S. Food and Drug Administration, the American Medical Association and the World Health Organization, among other independent agencies and health care organizations, have reported that foods which contain genetically engineered crops are as safe and nutritious as their conventional counterparts.

The Washington-based Grocery Manufacturers Association includes more than 300 food, beverage and consumer product companies.

A summary of the group’s biotechnology position is posted at http://www.gmaonline.org/issues-policy/product-safety/plant-and-animal-biotechnology/. The food cost savings estimate is available at https://factsaboutgmos.org/disclosure-statement.

For the U.S. Food and Drug Administration’s assessment of genetically modified foods, visit http://www.fda.gov/Food/FoodScienceResearch/GEPlants/ucm461805.htm.