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For more than a decade, European policymakers have spurned genetically modified crops, but these so-called Frankenfoods are beginning to look more and more appetizing in the wake of food shortages and soaring prices.

Only 21% of Europeans are willing to eat genetically engineered food, according to a survey by the European Commission.

Some nations, such as France, have banned the planting of genetically modified crops, while others like Germany have enacted laws that allowed foods to be labeled as “GM free.”

Biotech is no longer just a drugs game.

When the leader of the United Nation’s World Food Programme warned that a “silent tsunami” of hunger is sweeping the globe because of soaring food prices, a lot of folks probably viewed it as just another clever sound bite tossed off by a bureaucrat.

The U.S. markets reversed course in afternoon trading, heading higher as commodities producers rallied and tech stocks got a boost.