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Friday, December 17, 2004

US import of seed will reach $8.5 billion in 2007

Demand for import of seeds in the US is forecast to increase nearly 4.0 percent per year through 2007 to $8.5 billion, with volume reaching more than 17 billion pounds. Value demand will continue to be driven by the introduction of more expensive hybrid and transgenic seeds. Positive factors include trends towards narrow planting rows, expanding consumer lawn and garden expenditures, new end-use applications of field crops and flowers, and continued growth in the number of golf course acres.

1 Commenti:

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