While Bt Cotton crops produce Higher Yields of cotton the increased price of Bt cotton seeds compared to normal cotton seeds often offsets any possible financial gain from using Bt Cotton instead of normal cotton.
Bt Cotton seeds often cost anywhere between 3-8 times as much as normal cotton seeds with process varying from $13-28 per packet. Farmers in India often report that even though the Bt Cotton crops produce higher yields they often find themselves losing money due to the massive increase in seed prices.
Many Farmers, especially in India Found themselves better of using traditional Cotton seeds as they often were unable to afford the overly priced Bt Cotton seeds. New York Times/Vivekananda Nemada (2012) In India GM Crops come at a high Price. (Online) (Updated 16th october 2012) Available at: http://india.blogs.nytimes.com/2012/10/16/in-india-gm-crops-come-at-a-high-price/ (Accesed 4th May 2013)
Bt Cotton seeds often cost anywhere between 3-8 times as much as normal cotton seeds with process varying from $13-28 per packet. Farmers in India often report that even though the Bt Cotton crops produce higher yields they often find themselves losing money due to the massive increase in seed prices.
Many Farmers, especially in India Found themselves better of using traditional Cotton seeds as they often were unable to afford the overly priced Bt Cotton seeds. New York Times/Vivekananda Nemada (2012) In India GM Crops come at a high Price. (Online) (Updated 16th october 2012) Available at: http://india.blogs.nytimes.com/2012/10/16/in-india-gm-crops-come-at-a-high-price/ (Accesed 4th May 2013)