How to Share Value in Seed Market?
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As the Ministry of Agriculture is going to increase export revenues to 45 billion dollars by 2024, it has to be related with national research and development improvement (R&D). National breeding organization needs to harmonize budgetary and commercial funding through legal and economic approaches. Unique gene combination in one genotype, transfer from varieties to hybrids, production systems are common approaches to share value in seed business have been promoted mainly by global seed companies. Hybrid commercialization reduces the farms saved seed share, eliminates the risk of royalties loses. From 57 till 79% entries of rapeseed in national Registers of 9 countries are hybrids. The combination of target traits in one genotype proved to be effective in the commercialization of transgenic crops (GM), i.a. “stacks” - genotypes with two alien genes from unrelated species. The production system is an integral part of know how as a package offer of herbicide and tolerant genotype seeds, as well as consultations and digital solutions. Nowadays 24% of the rape acreage out of the 39 mln ha are planted with GM seeds. The third world seed market is controlled by market leaders: Bayer, which has acquired Monsanto, with total seed sales of $ 10.6 billion, Corteva Agriscience (7.3 billion) and Syngenta (2.3 billion). Mergers and acquisitions of global players of agrochemicals and seeds market has reshaped agribusiness into the set of innovative approaches, databases and knowledge for breeding program development with a package offer of crop protection products, seeds and digital solutions.
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TY - CONF AU - S V Goncharov AU - L V Shokhina PY - 2020 DA - 2020/03/17 TI - How to Share Value in Seed Market? BT - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020) PB - Atlantis Press SP - 1803 EP - 1807 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200312.250 DO - 10.2991/aebmr.k.200312.250 ID - Goncharov2020 ER -