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Bountiful Harvest: Technology, Food Safety and the Environment

Thomas R. DeGregori, The CATO Institute (2002)

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WHO WE ARE

First the Seed Foundation (FTSF) is a not-for-profit organization established in 2008 by the American Seed Trade Association, one of the oldest trade associations in America, to inform today’s consumers and tomorrow’s workforce about the importance of the seed industry.

DID YOU KNOW?

  • U.S. farmers produce 16% of the world’s food supply.
  • The U.S. seed industry is a $12 Billion business representing about 38% of the global seed market.
  • Grains make up 46% of the global seed market.
  • The world’s top-three seed companies are Monsanto (U.S.), DuPont (U.S.), and Syngenta (Switzerland).
  • Over the past 40 years, seed technology has been responsible for nearly doubling yields of corn, a crop that has tremendous bearing on the global food supply.
  • In the 1940s, Henry Ford used soybean plastic in car manufacturing.. Soy products were also used in paints, adhesives, inks, and other industrial products.