The Magnitude and Impacts of the Biotech and Organic Seed Price Premium: US Organic Center report assessment
News Dec 07, 2009
Having recently evaluated an earlier Organic Center (OC) release, PG Economics provides a similar assessment of the findings of this latest OC release The Magnitude and Impacts of Biotech and Organic Seed Price Premium.
The OC release presents an interesting view of developments in the US seed markets for corn, soybeans and cotton and of impacts on, and changes in, the profitability of growing these crops. Its conclusions are highly dependent upon the assumptions used, and perceptions of the author, as to how seed markets work and farmers behave. We consider that the mainstream US market evidence does not support the OC report conclusions.