Discuss the pros and cons of genetically modified crops and their impact on the food industry and agriculture.
Pros:

1. Increased crop yields: GM crops are designed to resist pests, diseases, and environmental stress, which leads to higher crop yields and reduced crop losses.

2. Pesticide reduction: GM crops are designed to be resistant to specific pests, reducing the need for pesticides and herbicides.

3. Improved nutrition: GM crops can be engineered to contain higher levels of vitamins and minerals, improving the nutritional value of food.

4. Drought tolerance: GM crops can be designed to be more tolerant to drought conditions, making them more resilient in regions with limited water resources.

Cons:

1. Uncertainty of long-term effects: There is still limited understanding of the potential long-term impacts of GM crops on the environment, human health, and other species.

2. Contamination of non-GM crops: GM crops can cross-pollinate with non-GM crops, potentially contaminating non-GM seed stocks.

3. Economic concerns: GM crops can be expensive to produce and purchase, potentially making them inaccessible to small-scale farmers and leading to increased food prices.

Impact on the food industry and agriculture:

1. Adoption: The use of GM crops has become widespread in many countries, especially in large-scale agriculture operations.

2. Controversy: The use of GM crops remains controversial and has led to debates about the safety and ethics of genetic engineering.

3. Trade: GM crops have implications for international trade, as some countries ban the import of GM crops or have strict regulations on their cultivation and use.
Rate each pro and con in terms of severity.