The Effects of Biotechnology on European Union Edible Cotton Imports: Is this Serious - PowerPoint PPT Presentation

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The Effects of Biotechnology on European Union Edible Cotton Imports: Is this Serious

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... Biotechnology on European Union Edible Cotton Imports: Is this ... US edible cotton exports have been affected because the European Union has decreased imports. ... – PowerPoint PPT presentation

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Title: The Effects of Biotechnology on European Union Edible Cotton Imports: Is this Serious


1
The Effects of Biotechnology on European Union
Edible Cotton Imports Is this Serious?
  • Maggie Mertins
  • John Paul Martin
  • CAES Agricultural Economics

2
Why the Concern
  • Trade Loss
  • Producers need every avenue possible
  • EU is expanding to Eastern Europe
  • Ideas spread to other areas
  • Other Countries are more aggressive competitors

3
Relationship With European Union
  • Strong Economic Relationship
  • Agriculture has had hardships in recent years
  • Concerned about more scares
  • Have not taken to GM consumption

4
Edible Cotton Product Landscape
  • United States is a major exporter of edible
    cotton products.
  • European Union imports over 92 Million
  • U.S. exports over 119 Million
  • Eu(2001), US (2000)

5
Edible Cotton Products
  • Cottonseed
  • Cottonseed Oil
  • Cottonseed Cake and Meal

6
Hypothesis 1
  • United States is loosing ground in world edible
    cotton product exports.

7
US Cake and Meal Exports
8
(No Transcript)
9
Hypothesis 2
  • Since the United States has converted to
    producing genetically modified cotton, the
    European Union has decreased imports of US edible
    cotton products

10
Analysis of Hypothesis 2
11
Other Countries Taking Advantage
12
Conclusion
  • US edible cotton exports have been affected
    because the European Union has decreased imports.
  • The affects are not noticeable to most farmers.
  • This is a concern
  • Educate consumers on behalf of GM foods
  • Harvest, store, and process GM and classic
    varieties separately
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