Industry Analysis & Industry Trends
The GM Soybean Seed Production industry has grown in the five years to 2013, with demand for biofuel and related regulations supporting this growth. Imports have threatened the industry, however, and some regulations have harmed as well as helped growth. In the five years to 2018, growth will continue, though more moderately; demand from biofuel producers and developing economies will support the industry during this period.... purchase to read more
Industry Report - Industry Products Chapter
The few large agribusiness firms that operate in this industry offer a variety of seeds that can most easily be broken into three groups based on what herbicides they are engineered to resist. Genetically modified (GM) seeds that are able to tolerate herbicides dominate, making up 93.0% of all US-grown soybean seeds in 2013.
Glyphosate-resistant soybean seeds
Glyphosate-resistant soybean seeds are the most widely used seed in the United States due to the heavy use of the glyphosate-based herbicides. Glyphosate is the active ingredient in Monsanto's Roundup herbicide, so its Roundup Ready soybean seed is one of the most widely used products in this industry. Glyphosate-resistant crops such as soybeans were introduced in 1996... purchase to read more