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Two companies accounted for more than half of corn, soybean, and cotton seed sales in 2018–20

  • by Keith Fuglie and James M. MacDonald
  • 8/28/2023
  • Crops
Stacked column chart showing percent of corn, soybean, and cotton sales for Bayer, Corteva, Syngenta, BASF, and other companies between 2018 and 2020.

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The U.S. crop seed industry has become more concentrated, with fewer and larger firms dominating seed supply. Seed prices have risen substantially, especially for genetically modified varieties, reflecting the value of improved seed varieties and gains in market power for top seed companies.

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