Issuances of intellectual property rights tools for new crop varieties increased from 1971 to 2020
- by Keith Fuglie and James M. MacDonald
- 8/28/2023
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.