Population growth and the global economy are increasing the demand for innovation in the agricultural industry. Internationally, humanitarian crises require efficient use of limited resources to feed the hungry in third-world and war-ravaged nations. Within the United States, consumers are demanding safe, quality goods at lower prices.
Agricultural innovation is important to the efficient, sustainable, and cost-effective production of food sources. Innovations in plant genetics and cultural operations increase food availability, improve quality, and decrease costs to consumers. Historically, Agricultural innovation has provided safe food at a lower cost in order to satisfy the humanitarian and consumer demands on our world’s food supply. Therefore, companies must continue the research and development of improved plants, plant protection materials, and farming practices.
- Consumers benefit from genetic engineering of food and fiber crops, which improves food quality, increases crop yields, is proven safe, and lowers food prices.
- Government efforts to heavily regulate or restrict food derived from plant improvements (whether breeding, hybridization, or genetic engineering) will diminish the world food supply and lead to higher food costs.