A study released by Professor William Lesser in the Dyson School of Applied Economics and Management at Cornell University shows that pending legislation that mandates labeling of foods containing ingredients that have been genetically modified would dramatically raise food costs for consumers in New York.
A family of four would see an average increase of $500 each year, but for some, the increase could be closer to $800.
“Consumers already have a choice to buy food labeled as non-GMO or organic when they shop,” said Jeff Williams, chairman of the Empire State Council of Agricultural Organization. “Families in this state shouldn’t be burdened with additional costs because of this unnecessary legislation.”
Hundreds of studies have shown that GMO foods are safe and have the same nutritional value as conventionally grown products.