By Sky Chadde
Corn and soybeans are two of America’s most lucrative cash crops. Corn is used in soft drinks and processed snacks, but most corn is used to produce ethanol, a heavily subsidized industry. Soybeans turn into cooking oil and biofuel.
Given their value and centrality to the U.S. food system, the agriculture industry invests millions of dollars and years into crafting genetically modified seeds — seeds that produce higher yields. To protect their investments, the industry has patented their inventions.
Just two companies — Bayer, the German conglomerate, and Corteva Agrisciences, which spun off from DowDuPont in 2018 — control the vast majority of patents related to genetically engineered crops. They own just under 80% of these patents, according to U.S. Department of Agriculture research.