Earlier quoted context omitted.
Not to mention we don't need it. We don't have a problem with producing food, but with distributing it. The result here would be only more profit for some players, it's not going to help with world hunger. It's not going to take prices down (potatoes/rice price is not a blocker, but margin is nice). But it certainly will have a systemic cost that we will all share for a gain we will not. Problems we do have but that…
If this process is simple to scale then we absolutely do need it. There is little chance of us fixing our food waste problem and increasing the efficiency of foreign aid in a timely manner. If more and larger crops could be grown on even more marginal land closer to where people desperately need the food then it is a solution we should use. I'm assuming that we'd aim for making these modified plants easily available…
That's not going to happen. People that desperately need the food don't have a problem of not growing enough rice or potatoes because of the nature of the crop. It's not why they are hungry. It's any other reason, politics, weather, logistics, economics, you name it.
The only things this will do is allow some company to patent this, and then sell it under restricted conditions that will be unfavorable to those who are hungry.
Yield increase is not really a winner if you have no water, if you are at war, if you don't have money/land, or if corporations own your society.
We reached a state in humanity development where any improvement in agricultural yield for basic food is not only unnecessary, but will lead to more problems than solution.