Genetically Modified (GM) Seeds and Crops/R&D Investment Is High

Agricultural biotechnology first became a significant commercial industry during the 1980s and 1990s. Chemical and seed companies were focused on developing genetically modified seeds and plants that had higher yields, better nutritional qualities and/or resistance to diseases, drought, herbicides or insects. Additional traits of GM plants may include resistance to temperature and moisture extremes. (Such plants are often described as a genetically modified organisms or GMOs.)

GM plants are predominantly grown in the U.S., but large amounts are also planted in Brazil, Argentina, Canada, India, Paraguay and China. GM crop growth continues. Farms in dozens of nations, ranging from simple family establishments to giant commercial operations, were planted with GM crops ranging from soy to corn to cotton. While the number of acres planted with GM crops is growing, the actual list of crops is very short. In the U.S., for example, only about 20 crops are approved, including corn, soy, alfalfa, papaya, summer squash, cotton, canola, sugar beets and, recently added, one special variety of potato and one special type of apple.

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Genetically Modified (GM) Seeds and Crops/R&D Investment Is High, Business and Industry Trends Analysis

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