Agricultural Biotechnology: Its Recent Evolution and Implications for Agrofood Political Economy

Abstract

This paper provides an overview of the recent development of the agricultural biotechnology sector and suggests what are likely to be some of the major issues in agrofood biotechnology in the future. I argue that while biotechnology has become increasingly entrenched as an approach to agrofood research and development, there are enormous public and especially corporate resources committed to biotechnology, and the growth of GMO market share in U.S. soybean, corn, and cotton production has been impressive, there has recently been growth of social resistance to biotechnology that casts the technology's and industry's future in some doubt. In addition to discussing the extent and limits of social resistance to biotechnology, I explore several other facets of agrofood biotechnology--global consolidation of the biotechnology industry, trade in GMO-produced food products, and the new corporate focus on "value-enhanced crops"--that will have a critical bearing on its future. I conclude by suggesting that while social resistance to agrofood biotechnology is very unlikely to derail the industry, public opposition will shape corporate strategy and could possibly shape research priorities in public biotechnology research.Agriculture; Biotechnology; Consumption; European Union; Food; Political Economy; Social Movements; Trade; World Trade Organization