That's a non-sequitur, and you're adding the loss stats in with waste.
> And that discounts any Black Swans lying in wait from transgenic organisms; we may still yet have a disaster...
Once it's a black swan, it's already discounted, the term itself means the thing is unlikely.
I think the subject deserves more study, but we have people dying of hunger right now, and that's plainly more compelling than "something really bad might happen, we have no idea what, why or how likely it is."
That "something really bad" might be localized ecological collapse, which I find pretty compelling, too.
This is especially true if they only need a few years of GMOs to break bad cycles with conventional agriculture (such as eating next years seeds because they have no food now).
For well over half a century we have understood that most famines are a result of entitlement failures, not lack of food availability.[1]
[1] https://en.wikipedia.org/wiki/Theories_of_famines#Failure_of...
If you can come up with a technology or logistical process to make a significant change to that without causing famine, you've got a company with billions in revenue.
For example there are very few distributors for grain: https://www.independent.co.uk/news/uk/home-news/the-big-five...
The systems we have in place are meant to protect that near monopoly as much as they are to distribute food. On top of that, countries give loans to poor countries in exchange for 2 promises: 1) that they use the money to buy grain from the country lending the money 2) they don't grow grain themselves. In that way, we actively undermine world agriculture.
If your massive improvement disrupts these players, I think you're going to be in for a very rough time of it. Things like GMO further solidify the near monopolies, by restricting where you can buy seed, etc. This is one of the reasons you see a big political push for them.
* To understand why, watch the movie Grave of the Fireflies. Or watch Indy Neidel on youtube talk about the "turnip winter"
And that discounts any Black Swans lying in wait from transgenic organisms; we may still yet have a disaster, since GMOs don't yet have same track record as pre-industrial agriculture. OTOH, industrial agriculture has been pretty awful, so maybe GMOs are a step up from THAT...