Industry Analysis & Industry Trends
Cropping up
The Seed Production industry has performed strongly in the past five years, despite recessionary conditions. Shortages of key commodities like wheat and cotton drove the price of these crops up and increased the world's reliance on US farmers. Also federal mandates for ethanol have driven demand for GM corn seeds. The industry will continue to perform well during the next five years, though the threat of organic farming will create some roadblocks.
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Industry Report - Industry Products Chapter
Corn and soybean seeds
By far, corn and soybean seeds are estimated to account for the majority of seeds produced in the United States. Increased demand for biofuels has supported the dominance of corn and soybean seeds during the past five years. High oil prices during the period have spurred investment into alternative energy sources. Because corn and soybeans can be used to make biofuels, their demand has increased in the wake of high oil prices. While corn and soybeans have remained dominant prior to the five-year period, their shares are expected to increase even further as oil prices remain high and biofuels continue to be a leading source of alternative energy... purchase to read more