What kind of risks does the FIFRA licensing process take into account for pesticide approval?

The FIFRA (Federal Insecticide, Fungicide, and Rodenticide Act) licensing process primarily focuses on assessing the potential risks that pesticides may pose to human health and the environment. Human dietary risks are particularly significant because the pesticides can inadvertently make their way into food supplies, raising concerns about exposure and health effects on consumers. Moreover, the process evaluates environmental costs, including the impact of pesticides on non-target species, ecosystems, and the environment at large.

By requiring extensive data on the safety and efficacy of pesticides before approval, FIFRA aims to protect public health and the environment from harmful substances. This includes examining how pesticides behave in the environment, their potential to contaminate water sources, and their effects on wildlife. Therefore, considering both human dietary risks and environmental costs is central to ensuring that pesticides are safe for use and do not pose undue risks when applied according to label instructions.

The other options relate to aspects that are not primarily addressed within the FIFRA regulatory framework. Physical property risks, financial investment risks, and market competition risks may impact the agricultural market or industry, but they are not the focus of the regulatory assessments required for pesticide approval under FIFRA. The emphasis remains on protecting health and the environment.