Organic food is better?

In the past few years I have noticed more and more people buying organic food because they believe that it’s better for you and the environment. While genetically modified food is seen as being bad or even unnatural.
If we only produce organic food we will not be able to feed the population of the earth. Genetically modified foods allow a more stable crop production through resistance to unexpected freezes, droughts and they do not attract many insects. Also, while our country tries to reduce its gas consumption the need for genetically modified corn increases. One of the leading alternate fuel options is ethanol which is produced from corn. With genetically modified corn we can produce a larger supply of ethanol with a smaller cost to the producers which in turn means a lower cost to us- the consumer.
Also since bugs are not attracted to these new crops we do not need to use harmful pesticides that have been blamed for contaminating water supplies. They also do not need as many fertilizers as other crops do which also decreases the cost of production. As you can see it’s not merely the space that is needed to be able to more efficiently feed the world, we also need it to be cost efficient.
Genetically modified food is not perfect though. It has been criticized for possibly increasing allergies, and cross pollinating with other plants to create smaller plant diversity.
I understand a person’s desire to be healthy and natural, but I think that there is a bad perception of genetically modified foods and I’m afraid that the trend towards becoming more organic might hurt us in the long run.
There is more information on genetically modified foods at the plant genome sciences website.