Biotech agriculture reports strong growth

Biotech agriculture has posted the strong growth in 2004 as farmers around the world planted about 200 million acres of genetically modified engineered crops. Nearly 8.25 million farmers planted biotech crops in 2004 compared to 7 million in 2003. The US is still the dominating country in the agricultural biotechnology contributing about 59 percent of the global acreage. The continued growth in the biotech agriculture can be attributed to the biotech corn varieties and continued increase in herbicide-tolerant soybeans with modest growth in biotech cotton.