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Rising Concentration in Agricultural Input Industries Influences New Farm Technologies

Author

Listed:
  • Fuglie, Keith O.
  • King, John L.
  • Heisey, Paul W.
  • Schimmelpfennig, David E.

Abstract

Concentration in several global agricultural input industries has risen significantly; by 2009, the largest four firms in the crop seed, agricultural chemical, animal health, animal genetics/breeding, and farm machinery sectors accounted for more than 50 percent of global market sales in each sector. Factors influencing changes in market structure and concentration vary by industry and include market forces, the emergence of new technologies, and government policies. The largest agricultural input firms are responsible for a large and growing share of global agricultural research and development (R&D), and higher input prices paid by farmers partially reflect the higher quality of inputs created through private-sector R&D.

Suggested Citation

  • Fuglie, Keith O. & King, John L. & Heisey, Paul W. & Schimmelpfennig, David E., 2012. "Rising Concentration in Agricultural Input Industries Influences New Farm Technologies," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, issue 04, pages 1-6.
    • Handle: RePEc:ags:uersaw:142404
    DOI: 10.22004/ag.econ.142404
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    Cited by:

    1. Andrew Sweeting & David J. Balan & Nicholas Kreisle & Matthew T. Panhans & Devesh Raval, 2020. "Economics at the FTC: Fertilizer, Consumer Complaints, and Private Label Cereal," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(4), pages 751-781, December.
    2. Analena B. Bruce & Yetkin Borlu & Leland L. Glenna, 2023. "Assessing the scientific support for U.S. EPA pesticide regulatory policy governing active and inert ingredients," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 13(1), pages 1-13, March.
    3. Coronese, Matteo & Occelli, Martina & Lamperti, Francesco & Roventini, Andrea, 2023. "AgriLOVE: Agriculture, land-use and technical change in an evolutionary, agent-based model," Ecological Economics, Elsevier, vol. 208(C).
    4. Feeney, Roberto Juan & Harmath, Pedro & Clay, Pablo Mac, 2020. "Brand Loyalty in Argentine Commercial Crop Seed Markets," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 9, April.

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