Price, Gregory K.; Lin, William W.; Falck-Zepeda, Jose … - Economic Research Service, Department of Agriculture - 2003
resulted in estimated market benefits of $212.5-$300.7 million for Bt cotton, $231.8 million for herbicide-tolerant cotton, and … $307.5 million for herbicide-tolerant soybeans. These benefits accounted for small shares of crop production value, ranging … from 2 percent to 5 percent. U.S. farmers captured a much larger share (about a third) of the benefits for Bt cotton than …