Well, it’s hard to say.
The food business has a long history of corruption and pushing things through congress that benefit them, only to discover an ‘oops!’ later on.
First, we have been eating genetically modified foods for years, called hybrids, though they were created naturally. Now, if we produce, say, a better tomato, one which will produce bigger fruits on less fertilizer, not be prone to all of the pain in the butt problems, resistant to heat, pesky nematodes, cracking, and quickly rotting after ripening (most tomatoes are picked green, gas ripened to make them red, so they will not turn into mush within a day or two of reaching the consumers), it would be great. Imagine buying tomatoes that will not turn to pulp in your refrigerator for at least a week.
But, will we pay more? Farmers now have to struggle to make it against encroaching mega-farming corporations buying up farms, seed companies making limited life seed to prevent them from saving harvested seed to cut back on next years costs and the rising costs of power and synthetic fertilizer. So, they grow these E-Z-Grow tomatoes, cheaper to produce. Will they charge us more for them as ‘specialty’ items (like the yellow and orange ‘green’ peppers in the super market), or will the buyers jack up the prices before selling them to the dealers?
Historically, anything new coming out commands high prices. (Look at the drug companies: Viagra costs 4 cents pill to make. They sell it for $10 a tablet.) Remember Brockiliflower? A blend of broccoli and cauliflower? It was tasty, nutritious, interesting and too expensive for most people to buy. No stores around me carry it.
If we get vegetables like green peppers (one of the most costly in local markets), that grow bigger, easier, are more nourishing, last longer, are resistant to those damnable little worms that eat up the stalks and kill the plants, that would be great. But, would the government or food business regulate the amount of peppers marketed to keep the prices high?
You think cow milk is as costly as it is in the stores? How about cheese? Both are spin-offs from the beef industry and you pay more per pound for a good cheese than for a porter house steak. Plus, the ever present government regulation of farmers crops to make sure that we don’t get too much of any good thing hitting the market which might drive the prices down.
I’m not worried about the genetically altered food affecting us. Our stomachs destroy food products right down to their molecular structures. We have discovered genetic manipulation and there is no way that anyone is ever going to stop it now, so we might as well get it right.
BTW, there is a brand of commonly bought beef stew on the market and has been for years. It has no real meat chunks in it. The meat is textured Soya fibers, flavored to imitate beef. It doesn’t say it on the can. No one cares and they’ve been eating it for over 20 years.