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In a 108-page report, the United Nations’ Food and Agriculture Organization says that while genetically engineered crops have tremendous potential for helping to feed the world’s poor, too little research is being focused on growing basic food groups in developing countries.

Notably, the UN group supports the very concept of biotechnology and genetic engineering of food as way of feeding the more than 800 million people in the world classified as hungry; that alone is a somewhat controversial view, opposed by many who believe that there are better, lower tech, lower cost ways of defeating the problem of global hunger. The organization said that it believes that genetic engineering could help farmers increase their output and lower the cost of food.

But the problem to date, according to the report, is that biotech has been developed largely by big companies that are focused on developed nations.
KC's View:
In other words, the “haves” get to have more, the rich get richer, and the people really in need end up nibbling on bioengineered crumbs from the rich man’s table.

Go figure.