genetically modified organisms
DESCRIPTION
Group 7 : Monica Hu Leanne Castillo Andres Escobar Angel Liu Leo Sato. GENETICALLY MODIFIED ORGANISMS. What is a GMO or GM-food?. Genetically modified foods produced from organisms that have had specific changes introduced into their DNA using the method of genetic engineering . - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/1.jpg)
GENETICALLY MODIFIED ORGANISMS
Group 7:Monica Hu
Leanne CastilloAndres Escobar
Angel LiuLeo Sato
![Page 2: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/2.jpg)
What is a GMO or GM-food?
Genetically modified foods produced from organisms that have had specific changes introduced into their DNA using the method of genetic engineering.
![Page 3: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/3.jpg)
![Page 4: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/4.jpg)
Who are the players? Oligopoly
![Page 5: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/5.jpg)
Government subsidy (pricing)
![Page 6: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/6.jpg)
GMO examplesDo you know what you are eating?
![Page 7: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/7.jpg)
The way we eat has changed more in the last 50 years than in the previous 10,000 !
![Page 8: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/8.jpg)
Food availability all year long
![Page 9: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/9.jpg)
Kid’s meals nowadays composed of 80% GMOs
WHAT ?! No way! Seriously?
![Page 10: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/10.jpg)
How is this possible ?
![Page 11: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/11.jpg)
![Page 12: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/12.jpg)
Some other examples
![Page 13: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/13.jpg)
Salmon vs. Franken-Salmon
![Page 14: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/14.jpg)
GMO = inferior goods
Cheap, low quality goods and GMOs are inferior goods for many people.
If their income would increase, the amount of GMO based food would decrease and they would tend to buy healthier food (organic).
![Page 15: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/15.jpg)
Use them or not?
![Page 16: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/16.jpg)
The current debate over GMOs
Debate Pros Cons
(1)Healthier?
Lower calorie, lower fat, but higher nutrition.
Create new allergen from GM goods?
![Page 17: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/17.jpg)
The current debate over GMOs
Debate Pros Cons
(2)Good for
Environment?
Increase ability of resisting insects for crops, and fewer consumption of pesticide.
Damage ecosystem? (ex. DDT, PCBs..)
![Page 18: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/18.jpg)
The current debate over GMOs
Debate Pros Cons
(3)Biology
Create evolution?Plants & animals would genetically modify themselves.
Against Nature?Threaten the biological diversity, and reduce the choices of our food supply.
![Page 19: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/19.jpg)
Debate Pros Cons(4)
Benefit or hurt farmers?
Cost-saving & more efficient due to less pests.
Widen the gap between Rich and Poor by using patenting genetically altered crops.
The current debate over GMOs
Cost of managing pests is decreasing
![Page 20: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/20.jpg)
Debate Pros Cons
The current debate over GMOs
(5)Overwhelmed GMOs market?
High revenue support investment in costly R&D.
Underestimate possible health, socioeconomic, and environmental hazards.
![Page 21: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/21.jpg)
Debate Pros Cons
The current debate over GMOs
(6)Loose regulation?
Biotech firms claim they ensure foods products meet federal safety standards.
Widely develop and deploy GM crops without adequate testing or public debate. FDA is too lax in their scrutiny and regulation.
![Page 22: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/22.jpg)
GMO labeling
1997 first GMO soybean import to E.U.
1997/1998 start labeling(regulation EC No.258/97)
![Page 23: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/23.jpg)
Impacts of GMO Labelling:
Increase consumer awareness Promoting informed decisions based on customer beliefs
and lifestyle needs Support small/local organic farms Encourages further studies and analysis of GMO traits and
consequences on all levels of the supply chain
![Page 24: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/24.jpg)
Impacts of GMO Labelling:
May increase costs for suppliers due to new labeling production
Creation of stigma towards GMOs and the stores that offer such products
Small/Conventional Farmers may be unable to supply the increased demand
Possible barrier to enter/access foreign markets
![Page 25: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/25.jpg)
GMO Labelling War
![Page 26: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/26.jpg)
GMO Transparency? Whole Foods Market announced that, by 2018, all products
in its U.S. and Canadian stores must be labeled to indicate if they contain GMOs. Whole Foods Market is the first national grocery chain to set a deadline for full GMO transparency.
![Page 27: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/27.jpg)
Whole Foods Market
One of the world’s largest retailer of natural and organic foods with stores throughout the US and UK.Store brand products: More than 2,600 natural and organic products under the Whole Foods Market, 365 Everyday Value and Whole Catch brandsSize: Eighth largest food and drug store in the U.S.Fortune 500 list: Number 232Stock Exchange symbol: WFM (NASDAQ), member since Jan. 23, 1992Sales: $12.9 billion in fiscal year 2013
![Page 28: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/28.jpg)
Food Companies reaction to current trend: Competitors are Re Branding to organic Take over of small Organic stores by Food
Companies with established reputations Exit of suppliers from Whole Foods Entrance of up and coming organic stores
![Page 29: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/29.jpg)
Monsanto A sustainable agriculture company? 1901 Monsanto was founded 1976 Roundup Herbicide is commercialized in the US 1982 First company to genetically modify a plant cell 1996-1998 Roundup Ready soybean, Canola, Cotton and corn
are introduced to farmers’ (1st Generation)Agricultural Seed Brands: Weed Control Brands:
![Page 30: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/30.jpg)
Monsanto cont’d:
![Page 31: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/31.jpg)
Food Industry Power
![Page 32: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/32.jpg)
Summary
![Page 33: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/33.jpg)
GMO usage has completely changed the way we eat
People that suffer the most are those with lower incomes
More and more countries are adopting mandatory labeling
Banning or regulating GMOs 93% of US consumers favor labeling
One thing’s for sure, the GMO debate is far from being over.
![Page 34: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/34.jpg)
![Page 35: GENETICALLY MODIFIED ORGANISMS](https://reader035.vdocuments.us/reader035/viewer/2022062814/5681685d550346895dde9989/html5/thumbnails/35.jpg)
DISCUSSION QUESTIONS
How would your consumption change? How would your elasticity be modified?