ECONOMIC VIABILITY OF BT-CORN IN THE U.S.

Bt-corn, a genetically engineered insect resistant variety, has been adopted by almost one-quarter of all corn farmers, resulting in economic impacts on both conventional corn growers and Bt-corn growers. we estimate changes in profits for both types of farmers with different levels of seed premiums, yield increases and adoption rates. We find that Bt-corn growers will see their profits decline when the adoption rate and seed premium are high, if they are not offset by higher yields. Conventional corn growers will always experience a decline in profits because the yield increase from Bt-corn causes corn price to fall.


Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19772
Total Pages:
17
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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