That's highly problematic.
In terms of the agriculture right now that's supported by genetic engineering, if we look at Brazil, there's a huge amount of genetically engineered, herbicide-tolerant soy being grown for animal feed. That is not about feeding the world. It's actually taking space from the rainforest. There is a serious problem of biodiversity that's confronted by some of that agricultural model.
More than that, there are many options open for feeding the world. This biotechnology doesn't have to be one of them. In fact, it causes some of these very serious problems that really would make it much harder for communities to feed themselves.