Economic Information Bulletin No. (EIB-11) 36 pp
The First Decade of Genetically Engineered Crops in the United States
Ten years after the first generation of genetically engineered (GE) varieties became commercially available, adoption of these varieties by U.S. farmers is widespread for major crops. Driven by farmers' expectations of higher yields, savings in management time, and lower pesticide costs, the adoption of corn, soybean, and cotton GE varieties has increased rapidly. Despite the benefits, however, environmental and consumer concerns may have limited acceptance of GE crops, particularly in Europe. This report focuses on GE crops and their adoption in the United States over the past 10 years. It examines the three major stakeholders of agricultural biotechnology and finds that (1) the pace of R&D activity by producers of GE seed (the seed firms and technology providers) has been rapid, (2) farmers have adopted some GE varieties widely and at a rapid rate and benefited from such adoption, and (3) the level of consumer concerns about foods that contain GE ingredients varies by country, with European consumers being most concerned.
Keywords: genetically engineered crops, agricultural biotechnology, seed industry, research and development, adoption, crop yields, pesticide use, corn, soybeans, cotton
In this publication...
- Entire Report
- Report Summary
- Abstract, Acknowledgments, Contents, and Summary
- Rapid Change and Pace of R&D Activity Characterize the Seed Industry and Technology Providers
- Adoption of GE Crops by U.S. Farmers Increases Steadily
- Consumer Demand Affects R&D, Adoption, and Marketing of GE-Derived Products
- Adoption Offers Market Benefits to Many Stakeholders