The price of non-genetically modified (non-GM) food. (July 2018)

• Record Type: Journal Article
• Authors: Kalaitzandonakes, Nicholas; Lusk, Jayson; Magnier, Alexandre
• Is Part Of: Food policy. Volume 78(2018)
• Page Start: 38
• Page End: 50
• Publication Date: 2018-07
• Subjects: Food supply -- Periodicals; Food security -- Periodicals; Food -- Quality -- Periodicals; Food Supply -- Periodicals; Alimentation -- Périodiques; Electronic journals; 338.1905
• DOI: 10.1016/j.foodpol.2018.02.005
• Languages: English
• ISSNs: 0306-9192

Abstract

Highlights: Added costs for non-GM ingredients and changes in demand for non-GM foods determine non-GM price premiums. Non-GM price premiums were stable over the 8 year period of analysis. US Consumers have been paying price premiums of 10–62% for the non-GM products analyzed. The cost of mandatory labeling of GM foods depends on manufacturer decisions. If food manufacturers reformulate with non-GM ingredients, costs to consumers could be substantial.